$780,000
1541 50Th Ave Oakland, CA 94601
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$780,000
Est. payment /mo
6,250 Sqft Lot
UPDATED:
10/16/2024 12:33 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41075215
HOA Y/N No
Year Built 1961
Lot Size 6,250 Sqft
Acres 0.1435
Property Description
Presenting a 6-unit residential building located at 1541 50th Ave, Oakland. This property has been retrofitted and features six 2-bedroom, 1-bath units, offering a total building area of 3,030 square feet. Each unit provides one parking space, ideal for long-term tenants. The property has demonstrated consistent rental income, with no vacancies in the last 10 years, making it a stable investment. Current monthly rental income totals $6,385, supplemented by an additional $300 from storage units and approx. $100 from on-site laundry facilities. This brings the total monthly income to $6,735. This property is in close proximity to schools, parks, public transportation, and major freeways, providing easy access to all that the Bay Area has to offer. With its strong tenant history, excellent location, and potential for value-add improvements, 1541 50th Ave is a perfect opportunity for investors seeking long-term returns in the competitive Oakland rental market. Don’t miss this chance to own a prime income-generating property with steady cash flow.
Location
State CA
County Alameda
Interior
Cooling None
Fireplace No
Appliance Dryer, Washer
Exterior
Total Parking Spaces 6
Others
Tax ID 3523617
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Listed by Tania Seabock • Coldwell Banker Realty
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