705 E 18Th St, Oakland, CA 94606

$1,100,000
5
BD
3,046
SqFt

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Listed by Joey Wang, (510) 592-4244 from Keller Williams Realty
(If provided) CoList: from

Sold listing courtesy of Theresa Lee from CCCOLD19

Sold Price
$1,100,000
List Price
$1,100,000
Closing Date
May 30, 2024
MLS#
EB41054678
Status
SOLD
Zoning
RM-3
Sqft. of Residence
3,046
Lot Size
3,500
Listing Area
Oakland Zip Code 94606

Property Description

Introducing Oakland's 705 E 18th Street-a four-unit building delivered partially occupied (two units) that will make an ideal investment for someone seeking an owner-occupy opportunity. Divided into three 1BR/1BA layouts and one 2BR/1BA layout, all units have been renovated to include new flooring, kitchens, and bathrooms. The units also include upgraded electrical, copper plumbing, and tankless water heaters, reducing the risk of any maintenance-related repairs in the years ahead. Nearly equidistant (~1 mile) from two major employers (Laney College and Highland Hospital), vacancies at this property should always appeal to a strong pool of renters. Additionally, 705 E 18th Street's proximity to Lake Merritt (only six blocks away) and a plethora of other greenspaces guarantee a certain level of desirability with renters who like to spend time outdoors. BART stations (Lake Merritt) and AC Transit stops (lines 14, 40, 62, and 840) make commuting easy, as do nearby freeways (I-580 + I-880).

Additional Information

Acres
0.08
Age
122
Cooling System
Window / Wall Unit
Days On Market
Unknown
Exterior Features
Stucco, Wood Frame
Floor Covering
Laminate, Tile, Hardwood
Garage Parking
Covered Parking, Detached Garage, Garage, Gate / Door Opener, Off-Street Parking, Parking Area
Heating System
Gas, Wall Furnace
Laundry Facilities
Laundry Area - In Unit, Washer, Dryer
Living Area
3,046
Lot Description
Grade - Level
Lot Size
3,500
Neighborhood
Oakland Zip Code 94606
Numberof Units
4
Other Rooms
Basement - Unfinished
Sewer
Sewer - Public
Unincorporated Yn
Yes
Zoning
RM-3

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