Oakland, CA 94609,3804 Opal St

$1,575,000

Est. payment /mo

$1,550,000

1.6%
Est.Price: ?

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3804 Opal St Oakland, CA 94609

4 Beds

2,700 SqFt

SOLD DATE : 10/01/2021

Key Details

Sold Price $1,575,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,700 sqft

Price per Sqft $583

Subdivision Temescal

MLS Listing ID 40963754

Bedrooms 4

Year Built 1920

Lot Size 2,412 Sqft

Property Sub-Type Quadruplex

Property Description

Beautifully maintained vintage 1920s 4plx w/strong cash flow on border of Oakland's Mosswood/Temescal districts. Unit mix consists of (4) 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 an owner-user. Potential for additional income from 2 un-leased off-street parking spaces and various storage sheds. Property has undergone many recent capital improvements such as the installation of Hardie 50-year cement exterior siding in 2018 and a seismic retrofit with permits in 2020. Next owner to explore banked rent increases. *Note: adjacent 4plx located at 3818 Opal St. also available at $1,650,000. Owner prefers to sell together for $3,200,000 but will consider all offers.

Location

State CA

County Alameda

Interior

Heating Natural Gas, Wall Furnace

Cooling No Air Conditioning

Flooring Hardwood, Linoleum

Exterior

Exterior Feature Other

Utilities Available Individual Electric Meter, Individual Gas Meter

Building

Lot Description Corner Lot, Level, Regular, See Remarks

New Construction No

Schools

School District Oakland (510) 879-8111

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Bridge MLS
Listed by Sara Garabedian • Red Oak Realty
Bought with Out Of AreaOut
Devin Ratoosh

Devin Ratoosh

Broker Associate | License ID: r01820096

+1(510) 919-5499

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