Oakland, CA 94606,518 E 18th Street

$899,000

Est. payment /mo

$899,000

Est.Price: ?

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518 E 18th Street Oakland, CA 94606

2 Beds

3,332 SqFt

SOLD DATE : 06/25/2025

Key Details

Sold Price $899,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,332 sqft

Price per Sqft $269

MLS Listing ID 41091723

Bedrooms 2

Year Built 1923

Lot Size 3,750 Sqft

Property Sub-Type Triplex

Property Description

Introducing Oakland's 518 E 18th Street—the perfect starter home for any buyer who wants to pair their first residence with a stable source of rental income. This 3,332 sq. ft., 3-unit building is divided between two 1BR/1BA units and a sizable commercial space. The commercial space and one of the units will be delivered occupied, while the third unit (a rear-facing 1BR) will be delivered vacant. This arrangement will provide the new owner with a quiet, spacious place to live as well as an immediate cash flow of $5,189 per month. This property enjoys lush garden space, a shared laundry room, secured entry, and dedicated parking. Originally built in the 1920s, it also benefits from classic design elements such as wood trim finishes and built-in storage. Multiple AC Transit stops and a BART station (Lake Merritt) are all located within a 1-mile radius of this listing for commuting ease. It is also near Kaiser Permanente, Highland Hospital, Alta Bates, Children's Hospital, and Laney College.

Location

State CA

County Alameda

Interior

Heating Central, Fireplace(s)

Cooling No Air Conditioning

Flooring Tile, Wood

Laundry Common Area, Dryer, Washer

Exterior

Exterior Feature Back Yard

Building

Lot Description Back Yard, Paved

New Construction No

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Bridge MLS
Listed by Joey Wang • Keller Williams Realty
Bought with SophieHolman
agent

Devin Ratoosh

Broker Associate | License ID: r01820096

+1(510) 919-5499

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