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2452 34th Ave

Oakland, CA 94601
  • $1,295,000
  • STATUS: Active
  • ON SITE: 6 Days
  • ID#: EB40977580
New On Site 6 Days Ago
UPDATED: 120 min ago
$1,295,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,725
    SQFT
  • $348
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1962
County:

School Ratings & Info

Description

Peralta Hacienda Apartments is a well-maintained fourplex located at the end of a city-designated "Slow Street" on a quiet cul-de-sac. The building consists of four 2-bed/1-bath units each measuring 930 SF, ideal for work-from-home professionals. Significant value-add opportunity with the potential to convert apartments into 3-bed units and add a fifth unit in unused storage area. The vacant unit offers the option for either an owner move-in or to rent at market rate. The property is generating reliable cash-flow with two Section 8 tenants. 100% rent collection throughout the pandemic. Electric and gas meters are separate and utility expenses are low. The current owner has completed many recent capital improvements including a new roof and three upgraded units. Additional tenant amenities include four off-street parking spaces and leased laundry machines that provide additional income. The property is NOT on the City of Oakland soft-story list.

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© 2022 MLSListings Inc. Based on information from MLSListings MLS as of 2022-01-16T23:47:45.337. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate.

Licensed in the State of California.
www.dominicnicoli.com/homes/124601180
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2452 34th Ave Oakland, CA 94601

  • Price: $1,295,000
  • Status: Active
  • On Site: 6 Days
  • Updated: 120 min ago
  • ID#: EB40977580
0
Beds
0
Baths
0
½ Baths
N/A
Acres
3,725
SQFT
$348
$/SQFT
1962
Built
Neighborhood:
Oakland Zip Code 94601
County:
Alameda
Area:
Oakland Zip Code 94601
Property Description
Peralta Hacienda Apartments is a well-maintained fourplex located at the end of a city-designated "Slow Street" on a quiet cul-de-sac. The building consists of four 2-bed/1-bath units each measuring 930 SF, ideal for work-from-home professionals. Significant value-add opportunity with the potential to convert apartments into 3-bed units and add a fifth unit in unused storage area. The vacant unit offers the option for either an owner move-in or to rent at market rate. The property is generating reliable cash-flow with two Section 8 tenants. 100% rent collection throughout the pandemic. Electric and gas meters are separate and utility expenses are low. The current owner has completed many recent capital improvements including a new roof and three upgraded units. Additional tenant amenities include four off-street parking spaces and leased laundry machines that provide additional income. The property is NOT on the City of Oakland soft-story list.
Exterior Features

Building Type Fourplex Exterior Stucco Garage Parking Covered ParkingOff-Street ParkingSpaces Per Unit - 1 Lot Description Grade - Level Lot Location Court Parking Spaces 4 Roof Tar And Gravel Yard Grounds None

Interior Features

Cooling Air Conditioning - None Flooring Laminate Heating Electric Laundry DryerWasherCoin OperatedIn Laundry Room Structure Sq Ft 3725

Property Features

Additional Listing Info NewNot Applicable Amenities Storage Area(S) City Name Oakland Cross Street Salisbury St Lot Size Area Maximum 5162.00 Meters Separate ElectricSeparate Gas Property Sub Type Fourplex Sewer Septic Sewer - Public Sq Ft Source Public Records Water Public

© 2022 MLSListings Inc. All rights reserved. Listing provided courtesy of David Nelson of Marcus & Millichap.


© 2022 MLSListings Inc. Based on information from MLSListings MLS as of 2022-01-16T23:47:45.337. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate.

Licensed in the State of California.
 
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