CA > Oakland > Heginberger
Oakland, CA 94621,1035 76th Ave
Oakland, CA 94621,1035 76th Ave
Oakland, CA 94621,1035 76th Ave
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$748,888
Est. payment /mo
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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Heginberger

MLS Listing ID 41118138

HOA Y/N No

Year Built 1966

Property Sub-Type Quadruplex

Property Description

This four unit property is ready for a new investor or, potentially, owner occupier! It currently brings in steady rental income with an 9.52% cap rate and about seventy five thousand dollars in annual gross rents. The building consists of three 2 bed 1 bath units and one 3 bed 1 bath unit, all fully occupied. That means rental income from day one of ownership. It's subject to Oakland's rent control and Just Cause ordinance, giving buyers a clear sense of how to plan long term. The Coliseum neighborhood location offers quick access to BART, freeways, and transit, which supports strong ongoing demand. It's a straightforward choice for investors who want reliable returns, but it also leaves the door open for an owner occupant willing to take on the required steps for future use. This property won't last long. Contact agent for more details!

Location

State CA

County Alameda

Interior

Heating Wall Furnace

Flooring Carpet, Laminate

Fireplace No

Appliance Dryer, Washer

Exterior

Parking Features Carport

Total Parking Spaces 4

Building

Sewer Public Sewer

Others

Tax ID 4141429

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Virtual Tour https://www.1035-76thave.com

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CRMLS – RECore
Listed by Darryl Glass Abio Properties

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