2530 Myrtle St, Oakland, CA 94607
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Sold Price :
$830,000
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Beds :
N/A
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Baths :
-
Property Size :
N/A sqft
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Year Built :
1904
Property Description
Terrific investment opportunity! 1904 Victorian fourplex centrally located in West Oakland’s McClymonds neighborhood. Two story building with four leased 1BR/1BA units. The lower units have separate entrances and the upper units are accessed through a secure stairwell. Units feature hardwood floors in living areas, tiled floors in kitchens and bathrooms, updated bathrooms and kitchens with gas ranges. There are shared laundry facilities in the basement and there is gated parking for 4+ cars or potential for future development. There is a communal garden bed vibrant with tomato plants. Property generates $70k in annual rents and currently runs at ~6.0% cap rate. The property is centrally located near some of West Oakland’s finest: Spinning Dough Pizzeria, Soba Ichi, Brix Factory Brewing, Ghost Town Brewing, and Raimondi Park, home of the Oakland Ballers. Oakland’s Uptown neighborhood, anchored by the Fox and Paramount Theaters, is just a mile away. Downtown San Francisco is about a 15-minute drive.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Flooring Information |
| Material |
Tile, Vinyl, Wood |
Listing Information
| Address |
2530 Myrtle St |
| City |
Oakland |
| State |
CA |
| Zip |
94607 |
| County |
Alameda |
| Listing Agent |
Andy Read DRE #01356611 |
| Courtesy Of |
Corcoran Icon Properties |
| Close Price |
$830,000 |
| Status |
Closed |
| Type |
Residential Income |
| Subtype |
Quadruplex |
| Structure Size |
N/A |
| Lot Size |
4,900 |
| Year Built |
1904 |
Listing information courtesy of: Andy Read, Corcoran Icon Properties. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 15th, 2024 at 4:52 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
