Oakland, CA 94609-1736,520 57th Street
$1,650,000
Est. payment /mo
$1,400,000
17.9%
Est.Price: ?

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5,000 Sqft Lot
SOLD DATE : 03/01/2022

Key Details

Sold Price $1,650,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 40978655

Sold Date 03/01/22

HOA Y/N No

Year Built 1962

Lot Size 5,000 Sqft

Property Sub-Type Quadruplex

Property Description

To access rent roll copy/paste: https://bit.ly/kitehillre. This rare mid-century fourplex in Upper Telegraph/Bushrod is 75% occupied and has 35% upside in gross rents. With one vacancy--perfect for an owner-occupant--each of the four 2-bed, 1-bath units is individually metered for gas and electricity (paid by the tenants) and consists of more than 800 SqFt of living space. Unit 4 offers a private balcony and Unit 3 offers partial views of San Francisco. Tenants have access to coin-op laundry, extra storage, and onsite covered parking for three vehicles. Unit 2 has gone through extensive renovation including flooring, paint, new appliances, new kitchen & bath as well as new roofing on both the main building and carport. Centrally located, the Upper Telegraph/Bushrod community offers an appealing suburban mix, perfect for walking and biking to all the best spots in the East Bay. Tenants are close to CAL, Rockridge BART, TJ, and a range of boutiques and cafes on Claremont & College Ave.

Location

State CA

County Alameda

Zoning RM-2

Interior

Heating Forced Air

Flooring Carpet, Laminate

Fireplace No

Appliance Gas Water Heater

Exterior

Parking Features Carport

Roof Type Shingle

Total Parking Spaces 3

Building

Sewer Public Sewer

Others

Tax ID 151277421

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

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CRMLS – RECore
Listed by Jatin Mehta Kite Hill Real Estate
Bought with John Kenny Century 21 Baldini Realty

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Rolf & Gina Rawson

Rolf & Gina Rawson

+1(951) 695-2951

Broker | License ID: 01816225

Broker License ID: 01816225

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