Oakland, CA 94602,3608 Midvale Avenue
Oakland, CA 94602,3608 Midvale Avenue
Oakland, CA 94602,3608 Midvale Avenue
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$998,000
Est. payment /mo
4,800 Sqft Lot
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OPEN HOUSE

Sun Nov 24, 2:00pm - 4:00pm

Mon Nov 25, 10:00am - 12:00pm

UPDATED:

11/18/2024 10:48 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41079206

HOA Y/N No

Year Built 1963

Lot Size 4,800 Sqft

Property Description

Own a piece of Oakland's vibrant rental market with this income-generating quadplex! Located in the desirable Upper Laurel neighborhood, just north of the 580 freeway, 3608 Midvale Avenue offers four spacious 2-bedroom, 1-bathroom units, each 816 square feet. Built in 1963, this well-maintained two-story building spans 3,264 square feet and features a practical, low-maintenance design that’s both popular and functional. This property is a prime investment opportunity with consistent rental appeal, boasting 8 on-site parking spaces across the driveway and garages. Additional amenities include four storage lockers, a backyard hangout space, and a shared coin-operated laundry. With one unit currently vacant, and another on it's way. it’s perfect for an owner-occupant or for leasing at market rates. The property also includes two large two-car garages, offering potential for extra income or conversion to ADUs, with additional driveway and street parking available. Situated close to public transportation and major freeways, this quadplex is an ideal choice for investors seeking strong cash flow. For the full marketing package and disclosures, contact Jerry Beverly at jerry@jerrybeverly.com

Location

State CA

County Alameda

Interior

Heating Wall Furnace

Flooring Carpet, Laminate

Fireplace No

Exterior

Garage Garage

Parking Type Garage

Total Parking Spaces 8

Building

Sewer Public Sewer

Others

Tax ID 2895713

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan


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California Regional MLS (CRMLS)
Listed by Jerry Beverly • Compass