1066 54Th St, Oakland, CA 94608
1066 54Th St, Oakland, CA 94608
1066 54Th St, Oakland, CA 94608
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Listed by David Howarth, DRE #01360348 • The Pinza Group, Inc
$995,000
Est. payment /mo
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4,050 SqFt
Active

1066 54Th St Oakland, CA 94608

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Adrian Chu

Adrian Chu

+1(206) 407-5452

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,050 sqft

Price per Sqft $245

MLS Listing ID EB41078637

Year Built 1908

Lot Size 5,000 Sqft

Property Sub-Type Triplex

Source Bridge MLS

Property Description

Huge North Oakland investment with strong current income and excellent rental upside. Current cap rate is 8.0% and the current GRM is 7.31. The property offers a total of five units consisting of a 4bd/1.5bth top-floor flat, a 2bd/1bth lower level flat, a 2bd/1bth attic unit, and two studio units in the rear building. The property was originally built in 1908, offers approximately 4,050 square feet of living space, and sits on a 5,000 square foot lot with ample room for parking. The top flat and back studio unit can be delivered vacant making it perfect for an owner-occupant or investor seeking high market rents. Many of the units have been updated over time and offer newer kitchens and bathrooms, hardwood floors, newer paint, classic Victorian architecture, custom molding, and more. There is a nice backyard area that's perfect for gardening, BBQs, etc. This North Oakland location is near countless restaurants, coffee shops, grocery stores and shopping and only a short commute to Downtown Oakland, Temescal, Emeryville, Berkeley, and San Francisco.

Location

State CA

County Alameda

Area Other Area

Interior

Heating Other

Cooling Other

Flooring Other

Laundry Other

Exterior

Exterior Feature Other

Parking Features Other

Garage Spaces 8.0

Roof Type Other

Building

Lot Description Other

Sewer Sewer - Public

Water Public

Others

Tax ID 13-1185-6

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
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Adrian Chu

Adrian Chu

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+1(206) 407-5452

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1066 54Th St