3601 Lincoln Ave, Oakland, CA 94602
3601 Lincoln Ave, Oakland, CA 94602
3601 Lincoln Ave, Oakland, CA 94602
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$995,000
Est. payment /mo
4,530 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Dimond District

MLS Listing ID 41127422

HOA Y/N No

Year Built 1969

Lot Size 4,530 Sqft

Property Sub-Type Triplex

Property Description

To access the marketing package copy/paste: https://bit.ly/kitehillre | 3601 Lincoln Avenue presents an attractive triplex investment opportunity located in Oakland's desirable Lower Dimond neighborhood. Situated on a prominent corner lot, the property offers strong curb appeal, excellent natural light, and convenient neighborhood access. The property features an excellent unit mix of one spacious 3-bedroom, 2-bath unit and two large 2-bedroom, 1-bath units, providing layouts that are highly desirable for Oakland renters. One 2-bedroom, 1-bath unit will be delivered vacant and features an open floor plan and private balcony, making it ideal for an owner-occupant or for an investor seeking to capture market rent. Currently, the two occupied units generate over $4,300 per month in rental income, with additional upside potential. The property also benefits from three garages, coin-operated laundry, and a private yard for the 3-bedroom unit, offering amenities that enhance tenant appeal. Offered at under $1,000,000, 3601 Lincoln Avenue represents a compelling opportunity for both investors seeking rental upside and owner-users looking to live in one unit while generating income from the others.

Location

State CA

County Alameda

Interior

Heating Natural Gas

Cooling See Remarks

Flooring Wood

Fireplace No

Exterior

Parking Features Garage

Total Parking Spaces 3

Building

Sewer Public Sewer

Others

Tax ID 29A13035

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

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Listed by Jatin Mehta Kite Hill Real Estate #02045713

NEARBY SCHOOL & BUSINESS

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