Oakland, CA 94619,3819 Maybelle Ave
Oakland, CA 94619,3819 Maybelle Ave
Oakland, CA 94619,3819 Maybelle Ave
$1,900,000
Est. payment /mo
Est.Price: ?

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0.29 Acres Lot
SOLD DATE : 08/30/2024

Key Details

Sold Price $1,900,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Upper Laurel

MLS Listing ID 41059103

Year Built 2005

Lot Size 0.294 Acres

Property Description

Tucked away in Upper Laurel, just southwest of Crestmont, is an investment opportunity that?s laden with income ($15,300/month) and dripping in future growth potential: Oakland?s 3819 Maybelle Avenue. This is a large (7,585 sq. ft.), five-unit building (5, 3BR/1.5BA) sitting on a massive 12,800 sq. ft. lot. Each unit is separately metered and in excess of 1,500 sq. ft., following a two-story, townhouse-style layout that includes formal living and dining rooms. Built in 2005, this construction is new enough that 3819 Maybelle Avenue is exempt from rent control?a rare advantage for owners. Shopping and dining options along nearby MacArthur Boulevard make this area popular with renters, as do easy freeway (I-580) and highway access (CA-13). Asking only $1.9MM ($250 sq. ft.), this is an exceptionally unique investment opportunity at a very competitive price.

Location

State CA

County Alameda

Zoning RM-3

Interior

Heating Forced Air, Natural Gas

Cooling None

Building

Lot Description Street Level

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California Regional MLS (CRMLS)
Listed by Joey Wang • Keller Williams Realty
Bought with Yian Lin • Keller Williams Palo Alto

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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