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$1,380,000
Est. payment /mo
7,501 Sqft Lot
UPDATED:
09/30/2024 06:43 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41068695
HOA Y/N No
Year Built 1953
Lot Size 7,501 Sqft
Property Description
Located in the beautiful and convenient Lake Merritt area, this rare property with four units is back on the market with many surprises. The seller used a large sum of money to buy out the long-term tenants in three units, enabling to renovate these units. Units #1 now feature brand new bathroom, new laminate floor, fresh paint, and new refrigerators. Unit #2 now features brand new bathroom, refresh hardwood floors, fresh paint, double panel windows. 1836 is a cute cottage single house sitting in the rear, tile and laminate floor, fresh paint. The entire building has a new roof, exterior paint, and a spacious backyard that can accommodate over 10 cars. There is great potential to expand the property to 10 units, with the possibility of converting the existing large garage into an office space, providing ample storage space, or converting it into additional units. Don’t disturb unit #3 tenants, open house 8/4/24 1-4pm.
Location
State CA
County Alameda
Interior
Heating Electric, Gravity, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate, Wood
Fireplace No
Appliance Dryer, Washer
Exterior
Roof Type Shingle
Total Parking Spaces 4
Building
Lot Description Back Yard, Front Yard, Garden, Yard
Sewer Public Sewer
Others
Tax ID 2123118
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Yanling Huang • Outstanding Investment Co.