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Kite Hill Real Estate - East Bay Investment Experts

Closed
429 Euclid Avenue Oakland, CA 94610
Sold Price $1,600,000
List Price $1,400,000
3,581 sq ft

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Jatin Mehta

Jatin Mehta

Founder

LIC#02045713

Property Description

To access marketing package copy/paste: https://bit.ly/kitehillre. This charming Adams Point investment opportunity offers an excellent mix of income-generating units, including two 2-bed and two 1-bed units and a converted garage into a workspace for an additional $220/month. The property features 3 off-street parking spaces, shared coin laundry and plenty of storage. With beautiful hardwood flooring throughout, units feature handsome period details such as decorative molding, wainscoting, built-in cabinetry, exposed beams, and a decorative fireplace. Renovated in 2020, updates for both main house and studio include new roofing, new paint, improved kitchen and bath, water heaters, and more. With at least 10% upside gross rental income, this property is perfect for an owner-occupant buyer or investor. The 6,250-SqFt lot is steps away from Lake Merritt and a short stroll to popular eateries and boutiques along Grand and Lakeshore.

Property Details & Features

Property Type

  • Quadruplex

Year Built

  • 1963

Appliances and Equipment

  • Appliances: “Washer”

House

  • Construction Materials: “Other”
  • Living Area: 3581
  • Year Built: 1963

Cooling

  • Cooling: “No Air Conditioning”
  • Cooling Included

Fireplaces

  • Fireplace Included

Floors

  • Flooring: “Hardwood”

Heating

  • Heating: “Forced Air”
  • Heating Included

Laundry

  • Features: “Coin Operated”, “In Unit”

Lot

  • Lot Features: “Regular”
  • Lot Size Area: 6250
  • Lot Size Square Feet: 6250
  • Parcel Number: 1077910

Parking

  • Parking Features: “Off Street”

Property

  • Property Sub Type: Quadruplex

Roof

  • Roof: “Composition Shingles”

Garage

  • Garage

Listing

  • Sale/rent: For Sale
  • $391 per square foot

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