$1,390,000
$1,295,000
7.3%For more information regarding the value of a property, please contact us for a free consultation.
3,998 Sqft Lot
SOLD DATE : 10/14/2021
Key Details
Sold Price $1,390,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision China Hill
MLS Listing ID 40964414
Sold Date 10/14/21
HOA Y/N No
Year Built 1924
Lot Size 3,998 Sqft
Property Description
Multi-Unit Investment Opportunity This multi-unit, Mediterranean style building is located in the Cleveland Heights area of Oakland. The property includes a total of 3 units, 5 bedrooms, 3 bathrooms and over 3000 square feet. There are 2 upper units and 1 lower unit. Upper units include 2 bedrooms,1 bathroom, a spacious kitchen, dining room, living room and a fireplace feature. The lower unit is a one bedroom, 1 bathroom with a full kitchen and hardwood floors. The upper units each have a dedicated storage area which includes a washer and dryer hookup. Property also features a communal backyard area and 2 garage spaces. The potential monthly income on the 2-bedroom units is $2,500 per month per unit and the lower 1-bedroom unit is $1,700 per month. The property is close to transportation, schools, shopping, dining, and freeways. All units have separate water, gas and electrical meters.
Location
State CA
County Alameda
Interior
Heating See Remarks
Flooring Carpet, Tile, Wood
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Features Garage, On Street
Total Parking Spaces 2
Building
Lot Description Back Yard, Corner Lot
Sewer Public Sewer
Others
Tax ID 2340913
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Antonio Matier • Lifestyle Global Properties