$1,000,000
Active
3 Days Online
0 Beds0 Baths3,289 SQFT
Active

2649 62nd Avenue Oakland, CA 94605

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Don't miss this incredible investment opportunity to own a well maintained, income-generating 5- unit 3289 sq ft spacious property in Oakland! This prime multi family investment offers both immediate rental income and long-term value. The property yields $124, 500 annually, providing a solid return on investment. Good news, all units are eligible for rent increases. This 5-unit complex is an ideal investment for those looking to enter Oakland's growing real estate market or to expand their portfolio. With primary veteran housing subsidies in place, this property provides financial security and the potential for future appreciation. Guaranteed rental income from four units housing veterans. Gated property for tenant safety and privacy, on site laundry facilities for tenant convenience, located in a quiet residential area with proximity to parks, schools and local amenities. Quick access to I-580, public transportation and a short commute to downtown Oakland and Lake Merritt.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyAlameda
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site2 Days
  • MLS StatusActive
  • MLS ID Number224116449
  • Home Size Source Assessor
  • Year Built1960
  • Lot Size0.0863 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Stucco
  • Parking AttachedCarportCoveredSide-by- Side
  • Parking Spaces 5
  • Sewer Public Sewer
  • Number of Stories 122
  • Acreage 0.0863
  • Water Public
  • Zoning Multi Family Dwelling
  • Cross Street Bancoft
  • Property Sub Type Multi Family
  • Garage Spaces 0
  • Foundation Slab

Interior Features

  • Cooling None
  • Heating Wall Furnace
  • Flooring CarpetLinoleum
  • Laundry Features Coin Operated

Exterior Features

  • Roof Flat
  • Exterior Fenced Yard
  • Lot Curbs/ GuttersSidewalk

Community Features

  • Association Dues 0
  • MLS Area Oakland Zip 94605

Schools

School District
Oakland Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$5,025
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