$1,230,750
$1,360,000
9.5%For more information regarding the value of a property, please contact us for a free consultation.
558 58th St Oakland, CA 94609
3,916 SqFt
Key Details
Sold Price $1,230,750
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,916 sqft
Price per Sqft $314
Subdivision Idora Park
MLS Listing ID 41116685
Year Built 1940
Lot Size 6,765 Sqft
Property Sub-Type Multi Family
Property Description
Massive, well-maintained 7 bed, 5 bath building on a beautiful, tree-lined street in close proximity to the best of Oakland and Berkeley. Already generating $8,699.94 per month in income from the four occupied units (two 1/1, two 2/1), with an amazing 1/1 unit ideal for an owner-occupant or for maximizing market rent.* This is not your typical rental with lots of updates to the tenant-occupied units, on-site parking for every unit, plus one bonus parking space, and on-site laundry. The owner-occupant-ready unit has well-preserved charm with a box-beam ceiling in the dining room, hardwood floors, and tons of double-pane windows flooding it with natural light. An extremely spacious kitchen also contributes to the feeling of abundant space and potential; you really have to see it to appreciate it. Easy access to Rockridge, UC Berkeley and so much more. Large unfinished basement provides an exciting opportunity to expand on the building's value with whatever creative ideas you bring to the table. Photos of tenant-occupied units available upon request. Please respect tenants' privacy and do not disturb them. Happy to arrange access once we are in contract. At $290k per unit, this extraordinary value is waiting for the next phase in its journey. *Buyer to investigate
Location
State CA
County Alameda
Interior
Heating Other
Cooling None
Flooring Other
Building
Lot Description See Remarks
Sewer See Remarks
Water See Remarks
New Construction No
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Bought with JeannyWang
NEARBY SCHOOLS & BUSINESSES


