$998,000
3608 Midvale AVE Oakland, CA 94602
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$998,000
Est. payment /mo
8 Beds
4 Baths
3,264 SqFt
UPDATED:
11/20/2024 02:45 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,264 sqft
Price per Sqft $305
MLS Listing ID BE41079206
Bedrooms 8
Originating Board Bay East
Year Built 1963
Lot Size 4,800 Sqft
Property Description
Own a piece of Oakland's vibrant rental market with this income-generating quadplex! Located in the desirable Upper Laurel neighborhood, just north of the 580 freeway, 3608 Midvale Avenue offers four spacious 2-bedroom, 1-bathroom units, each 816 square feet. Built in 1963, this well-maintained two-story building spans 3,264 square feet and features a practical, low-maintenance design that's both popular and functional. This property is a prime investment opportunity with consistent rental appeal, boasting 8 on-site parking spaces across the driveway and garages. Additional amenities include four storage lockers, a backyard hangout space, and a shared coin-operated laundry. With one unit currently vacant, and another on it's way. it's perfect for an owner-occupant or for leasing at market rates. The property also includes two large two-car garages, offering potential for extra income or conversion to ADUs, with additional driveway and street parking available. Situated close to public transportation and major freeways, this quadplex is an ideal choice for investors seeking strong cash flow.
Location
State CA
County Alameda
Area Other Area
Interior
Heating Wall Furnace
Cooling Air Conditioning - None
Flooring Linoleum, Carpet - Wall to Wall
Laundry None, Coin Operated
Exterior
Exterior Feature Stucco
Garage Enclosed
Garage Spaces 8.0
Roof Type Other
Building
Sewer Sewer - Public
Others
Tax ID 28-957-13
Special Listing Condition New, Not Applicable
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Listed by Jerry Beverly • Compass
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