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Listed by David Howarth • The Pinza Group, Inc
$895,000
Est. payment /mo
3,168 SqFt
UPDATED:
12/07/2024 03:05 AM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,168 sqft
Price per Sqft $282
MLS Listing ID 41079516
HOA Y/N No
Originating Board Bridge AOR
Year Built 1956
Lot Size 6,000 Sqft
Property Description
Showing: Sunday 12/8 at 2pm. www.3790sanjuan.com; 4-unit apartment complex offering four 2bd/1bth units with stable tenants and one unit delivered vacant at close of escrow that’s perfect for an owner-occupant. The property was built in 1965, offers 3,186 square feet of rental space, and sits on a 6,000 square foot lot with four carport parking spaces. Maintenance is low and the property is separately metered for water and PG&E providing for low annual operating expenses. The current rents are 50%+ under market rates, providing a huge opportunity for rental upside with tenant turnover or buyouts. The exterior and interior are in good condition with very little deferred maintenance resulting in an attractive turn-key investment for the next owner. This property can be purchased as a package with the neighboring 4-unit property located at 3711 San Juan Street. This is an attractive Fruitvale location near a variety of restaurants, coffee shops, and shopping options. The property is near BART and only a short drive to Lake Merritt, Downtown Oakland, Berkeley, and San Francisco.
Location
State CA
County Alameda
Interior
Heating Other
Cooling Other
Flooring Other
Fireplace No
Building
Lot Description Other
Water Public
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