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Listed by Jerry Beverly • Compass
$ 998,000
Est. payment /mo
Active
3608 Midvale Avenue Oakland, CA 94602
4,800 Sqft Lot
UPDATED:
12/04/2024 06:54 PM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID 01-41079206
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
Interior
Heating Wall Furnace
Flooring Carpet, Laminate
Exterior
Parking Features Garage
Building
Sewer Public Sewer
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944