Oakland, CA 94609,3818 Opal St
Oakland, CA 94609,3818 Opal St
Oakland, CA 94609,3818 Opal St
$1,675,000
Est. payment /mo
Est.Price: ?

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3,049 Sqft Lot
SOLD DATE : 10/05/2021

Key Details

Sold Price $1,675,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision Temescal

MLS Listing ID 40963747

Year Built 1920

Lot Size 3,049 Sqft

Property Description

Beautifully maintained vintage 1920s 4plx w/strong cash flow on border of Oakland?s Mosswood/Temescal districts. Unit mix consists of (2) 2bd/1ba units & (2) 1bd/1ba units. All 4 apartments feature spacious layouts, abundant natural light, French doors, eat-in kitchen nooks, & hardwood floors. Access to a spacious garden courtyard w/shared on-site coin-op laundry, makes this low vacancy rate complex highly desirable to tenants. The property boasts 1 vacant unit that can be immediately re-rented at market rate or occupied by owner-user. Potential for additional income from 1 un-leased off-street parking space. This property has undergone many recent capital improvements such as the installation of Hardie 50-year cement exterior siding in 2018 and a seismic retrofit w/permits in 2020. Next owner to explore banked rent increases. *Note: adjacent 4plx located at 3804 Opal St. also available for sale at $1,550,000. Owner prefers to sell together for $3,200,000 but will consider all offers.

Location

State CA

County Alameda

Interior

Heating NaturalGas, WallFurnace

Flooring Laminate, Wood

Exterior

Parking Features OnStreet

Roof Type Shingle

Building

Lot Description StreetLevel

Sewer PublicSewer

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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California Regional MLS (CRMLS)
Listed by Sara Garabedian • RED OAK REALTY
Bought with NON MEMBER OUT OF AREA • Bay East AOR

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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