3819 Maybelle Ave, Oakland, CA 94619

$1,900,000

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

Sold listing courtesy of Yian Lin from KWPA

Sold Price
$1,900,000
List Price
$1,900,000
Closing Date
Aug 30, 2024
MLS#
EB41059103
Status
SOLD
Lot Size
12,800
Listing Area
Oakland Zip Code 94619
Year Built
2005

Property Description

Tucked away in Upper Laurel, just southwest of Crestmont, is an investment opportunity that's laden with income ($15,300/month) and dripping in future growth potential: Oakland's 3819 Maybelle Avenue. This is a large (7,585 sq. ft.), five-unit building (5, 3BR/1.5BA) sitting on a massive 12,800 sq. ft. lot. Each unit is separately metered and in excess of 1,500 sq. ft., following a two-story, townhouse-style layout that includes formal living and dining rooms. Built in 2005, this construction is new enough that 3819 Maybelle Avenue is exempt from rent control-a rare advantage for owners. Shopping and dining options along nearby MacArthur Boulevard make this area popular with renters, as do easy freeway (I-580) and highway access (CA-13). Asking only $1.9MM ($250 sq. ft.), this is an exceptionally unique investment opportunity at a very competitive price.

Additional Information

Acres
0.29
Age
19
Amenities
None
Cooling System
None
Days On Market
Unknown
Exterior Features
Stucco, Wood Frame
Floor Covering
Laminate, Tile, Carpet - Wall to Wall, Hardwood
Garage Parking
Assigned Spaces, Parking Area
Heating System
Forced Air, Gas
Laundry Facilities
220 Volt Outlet, Laundry Area - In Unit, Washer, Dryer
Lot Description
Grade - Level
Lot Size
12,800
Neighborhood
Oakland Zip Code 94619
Numberof Units
5
Sewer
Sewer - Public
Unincorporated Yn
Yes
Zoning
RM-3

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Calculator source: Real Geeks

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