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Intero Real Estate Services
865 29th St, Oakland, CA 94608
- $1,045,000
- 5
- BD
- 3,820
- SqFt
Listed by Giuseppe Zumbo, (510) 331-5153 from Compass
(If provided) CoList: from
- List Price
- $1,045,000
- MLS#
- EB41152901
- Status
- ACTIVE
- Sqft. of Residence
- 3,820
- Lot Size
- 3,500
- Listing Area
- Oakland Zip Code 94608
Property Description
COMPLETELY VACANT FOURPLEX - A RARE INVESTMENT OPPORTUNITY! Here's your opportunity to take control from day one! This Fourplex is 100% Vacant, giving you the freedom and flexibility to establish market-rate rents immediately, select your own tenants, and maximize the property's income potential. Adding even more value, each unit is separately metered for water, gas, and electricity including a 5th common-area meter, allowing utility consumption to be measured and billed individually to tenants, helping reduce operating expenses and improve your bottom line. $273/SF. $261,000 per unit, (±) $120,804 estimated projected annual income, (±) 9.248% CAP Rate and (±) 8.65 GRM at $1,045,000, the numbers speak for themselves. The unit mix consists of three 1Bd/Ba units and one 2Bd/1Ba unit, with each unit is approximately (±) 955 SqFt of living space, complete with a formal dining room and separate living room. Building total 3,820 SqFt. Additional amenities include four individual garages, four private storage spaces, and a coin-operated laundry room, providing added convenience and potential supplemental income. Low-maintenance grounds, much of the property is surrounded by concrete, significantly reducing gardening expenses. You're not just buying four units. You're buying four opportu
Additional Information
- Acres
- 0.08
- Amenities
- None
- Cooling System
- Air Conditioning - None
- Exterior Features
- Stucco
- Floor Covering
- Carpet - Wall to Wall
- Garage Parking
- Garage
- Heating System
- Wall Furnace
- Laundry Facilities
- None
- Living Area
- 3,820
- Lot Description
- Regular
- Lot Size
- 3,500
- Neighborhood
- Oakland Zip Code 94608
- Numberof Units
- 4
- Other Rooms
- Basement - Storage Area
- Roof
- Rolled Composition
- Unincorporated Yn
- Yes
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The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Intero Real Estate Services are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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