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$830,000
Est. payment /mo
6,429 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision Oakland
MLS Listing ID 41121744
HOA Y/N No
Year Built 1950
Lot Size 6,429 Sqft
Property Sub-Type Triplex
Property Description
Excellent investment opportunity in quiet East Oakland neighborhood! This income-producing triplex (duplex + converted garage) offers strong rental upside with two tenant-occupied units on month-to-month leases and one vacant unit ready for immediate lease-up. All three units feature updated kitchens and bathrooms and include in-unit laundry hookups for added tenant appeal. Each Unit also have their own Driveway parking spot with driveway gates for security. The unit mix includes a 2-bed, 1-bath unit at approximately 800 square feet renting for $2,525 and renovated in 2021, a second 2-bed, 1-bath unit at approximately 800 square feet renting for $2,600 and renovated in 2021, and a converted garage unit offering 2 bedrooms and 1 bath at approximately 760 square feet, renovated in 2023, currently vacant with estimated market rent of $2,175. Utilities are partially separated with 2100 94th on its own meter, while 9412 Sunnyside and the garage unit share a meter. Ideally located just a block from Park and minutes to schools, I-580 access, BART, and the Oakland airport, making this a highly desirable rental location. A rare opportunity to acquire a stabilized asset with immediate income potential and long-term appreciation upside. (Photos shown vacant but 2 units tenant occupied)
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Flooring Laminate, Wood
Fireplace No
Exterior
Parking Features Converted Garage, On Street
Roof Type Shingle
Total Parking Spaces 3
Building
Lot Description Corner Lot, Front Yard, Street Level
Others
Tax ID 465469151
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.relahq.com/mls/227276676
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Listed by Chris Strange Rise Group Real Estate
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