$1,550,000
Pending

2231 E 28Th St

Oakland, CA 94606
Listing OfficeLee & Associates
Browse 170 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Discover a VACANT, turnkey investment property in Oakland. Built in 1951, this pristine fourplex is a contemporary gem with (4) new 2BR,1BA units, meticulously updated to today's standards. Each unit features renovated kitchens with quartz countertops, sleek cabinets, modern hardware, and new appliances. Bathrooms boast new vanities, stylish showers or tubs, and chic tile flooring. Large, sunny rooms with new windows, updated flooring, and freshly painted interiors and exteriors enhance the living experience. Upgraded 100-amp electrical panels meet insurance requirements, with all work permitted and city-approved. The property offers an on-site laundry room, a new outdoor pergola, a detached garage with four secured separate garages, and ample outdoor space. Each unit has a private rear entrance leading to a shared courtyard. Preliminary permits for up to two ADUs present an opportunity to further boost rental income. Located in Oakland's serene Highland Terrace neighborhood, this property provides scenic views and a peaceful residential atmosphere, with proximity to highways, public transit, parks, schools, and shopping. With Oakland's thriving economy and Highland Terrace's blend of tranquility and convenience, this turnkey gem promises strong rental demand and long-term value!

  • Property Details
      • Lot DescriptionBackYard, CornerLot
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • Original List Price$1,550,000
      • Property SubtypeQuadruplex
      • MLS #41066047
      • MLS #41066047
      • CountyAlameda
      • Cost1550000
      • Acres0.1578
      • Year Built1951

Location

Lucy & ArmenReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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