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Listed by Robert Thacher • Corcoran Icon Properties • 510-428-0900
$849,000
Est. payment /mo
3,553 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,553 sqft
Price per Sqft $238
Subdivision Ivy Wood Ext.
MLS Listing ID 41149036
HOA Y/N No
Year Built 1963
Lot Size 5,250 Sqft
Property Sub-Type Quadruplex
Source Bridge AOR
Property Description
Great opportunity to own a 4-unit, 2-story mid-century multifamily property. Located in the Iveywood neighborhood, close to the San Leandro border, and above International Boulevard. Seller has owned and cared for the property for 25+ years. The building is suitable for the investor as well as the owner/occupant/investor. Subject property lies within an area that features a housing mix of single- and multifamily properties, in proximity to ground transportation, with nearby commuter access to state highways 580 and 880. The complex features a unit mix that includes one 3BR/1+BA (owner's?) unit, two 2BR/1BA units, and one 1BR/1BA unit. Onsite garage parking, one space per unit. Gated, locked property entries at front driveway. Two vacant units stand ready to rent, and two units are occupied at below market rental rates. This well-maintained complex should offer reasonable repair costs as well as significant rental upside. Separately metered for gas and electric; landlord pays for water and trash-removal. Onsite coin-operated laundry facility for tenants only.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Laminate, Partial Carpeting
Fireplace No
Laundry Laundry Equip - Leased
Building
Lot Description Level
Water Public
Others
Special Listing Condition Standard
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