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 | 100 |
| 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: $694,000 On site: 100 low | high Med: 52.5 | |
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: $694,000 On site: 100 low | high Med: 52.5 | |
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