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Key Details
Sold Price $995,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,165 sqft
Price per Sqft $314
MLS Listing ID ML81734890
Sold Date 11/22/19
HOA Y/N No
Year Built 1901
Annual Tax Amount $16,133
Lot Size 3,998 Sqft
Acres 0.0918
Property Description
Property shall be delivered VACANT at close of escrow! Previously used as a 4-unit building, the possibilities for this property are endless. This stately building in the Uptown neighborhood could continue generating income as a fourplex or could quickly be upgraded to a 5-unit per advice of contractor and architect. Current owners have also begun the entitlement process to bring it to its highest and best use 11 units. Incredible development opportunity in one of Oaklands trendiest neighborhoods. This opportunity can suit anyone. Low down payment financing available for owner-occupiers. Cash-flow property is perfect for investors. Entitlements pave the way for developers. Seller financing would be considered. Come check it out and explore it for yourself. Three of the units have well-designed layouts with oversized bedrooms. The other unit is a newly updated studio. City views from the top floor. Large back yard is ready to be converted into an urban oasis.
Location
State CA
County Alameda
Area 699 - Not Defined
Zoning RU-3
Interior
Cooling None
Fireplace No
Exterior
Garage Off Street
Roof Type Shingle
Accessibility None
Parking Type Off Street
Total Parking Spaces 3
Building
Story 3
Sewer Public Sewer
Water Public
Architectural Style Victorian
Schools
School District Other
Others
Tax ID 0080676048
Acceptable Financing Contract, FHA, Lease Option
Listing Terms Contract, FHA, Lease Option
Financing FHA
Special Listing Condition Standard
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Bought with Robert Pedro