Description
Rare 4-Unit Investment Opportunity in Coveted Grand Lake/Lakeshore Property Neighborhood A rare offering in one of Oakland's most sought-after and predominantly single-family neighborhoods this well-maintained fourplex sits directly on the Grand Lake/Piedmont border, blending vintage character with income-generating flexibility. Spanning 3,112 square feet on a 7,100 square foot lot, the property features two spacious 2-bedroom units and two 1-bedroom units, offering an ideal mix for owner-occupants seeking rental income or investors building a portfolio in an exclusive, low-inventory pocket of the city. The lower 1 bedroom unit is exceptionally large with a living room, dining room and separate eating area Recent capital improvements include a brand-new roof and fresh exterior paint, protecting your investment for years to come, while original vintage details throughout from period moldings to classic architectural touches preserve the timeless charm this neighborhood is known for. Off-street parking adds valuable convenience in this walkable, high-demand corridor. Ideally located just moments from the shops, cafes, and restaurants of Grand Lake, Lakeshore & Piedmont Avenue and the scenic beauty of Lake Merritt, residents enjoy effortless access to some of Oakland's best dining, boutique shopping, and green space. Nearby transportation options make commuting a breeze, adding further appeal for tenants and owner-occupants alike. Opportunities to acquire multifamily property in this exclusive, single-family-dominant enclave are exceptionally rare. Don't miss this chance to own a piece of one of Oakland's premier neighborhoods.
Details
| MLS # | 41144258 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1924 |
| Days On Site | 24 |
| Listing Provided By | Coldwell Banker Realty | David R. Valva |
Features
| Units | 4 |
|---|---|
| Acreage | 0.16 |
| Property View | Yes |
Interior
| Heating | See Remarks |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Appliances | Gas Water Heater |
Exterior
| Roof | Composition, Tile |
|---|---|
| Construction Materials | Stucco |
| Lot Features | Back Yard, Front Yard |
Parking
| Parking Features | On Street |
|---|
Area Information
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94610 |
| Community Name | LAKESHORE |
| Listing VS Median (in LAKESHORE) | |
Price: $1,299,000 low | high Med: $0 On site: 24 low | high Med: | |
Market Activity 94610
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Learn More About This Property
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94610 |
| Community Name | LAKESHORE |
| Listing VS Median (in LAKESHORE) | |
Price: $1,299,000 low | high Med: $0 On site: 24 low | high Med: | |
