$1,300,000
$1,395,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
3801 Lincoln Ave Oakland, CA 94602
6,098 Sqft Lot
Key Details
Sold Price $1,300,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 41021597
Sold Date 11/02/23
HOA Y/N No
Year Built 1962
Lot Size 6,098 Sqft
Acres 0.14
Property Description
· Very well located 6-unit apartment complex near iconic Mormon temple · Desirable unit mix includes (2) 1 bedroom/1 bath units, (3) 2-bedroom/1 bath units, (1) 3-bedroom/2 bath unit · Significant upside in rents with interior renovations · Approximately 800 square foot average 2 bedroom/1bath apartments · Very large, approximately 1100 sq ft, 3 bedroom/2 bath Owner’s Unit · Individually metered for gas and electricity · One to one off street parking · Building historically exhibits high occupancy and low turnover rates · Convenient to 580 freeway, 2.4 Miles to Fruitvale BART Station and downtown Oakland · Nearby shopping (including Safeway), entertainment (Dimond Park - trailheads, play-ground and public pool), Oakland Museum, Jack London Square, Children’s Fairyland, and the Uptown District all less than 5 miles away. · Easy commute to East Bay cities, and 25 minute drive to San Francisco
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Flooring Carpet, Laminate
Fireplace No
Exterior
Garage Covered, On Street
Parking Type Covered, On Street
Total Parking Spaces 6
Building
Lot Description Sloped Down, Front Yard, Street Level
Sewer Public Sewer
Others
Tax ID 29A13058
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Tom Hyman • HYLAND INVESTMENT PROPERTIES