MLS® ID: 40884299
1912 16Th Ave
OAKLAND, California, 94606 $1,148,888
Incredible opportunity to own a well maintained LARGE 4-plex. 3 occupied units, 1 vacant unit and additional large storage area! Excellent upside potential for investors or owner-occupancy. Please do not disturb tenants. Property has (2) two units of 3 Bd/1Ba both with gorgeous downtown view; (1) vacant unit of 2 Bd/1Ba with an office used as third bedroom; and (1) one unit of 4 Bd/1Ba with downtown view. Detached parking space in rear of building, fair condition on roof (10-12yrs/20), sewer/lateral completed in 2016 and separate electric & gas meters. Estimated Gross income $94,000+ (effective 12/01/19 or sooner) not including any possible income from storage area. Up & coming Rancho Antonio neighborhood with high walk score, minutes to 880 highway and Bart transportation, 1 mile south of Lake Merritt as well as University makes this property perfect for an owner/occupant, investor, or even first-time home buyer!