1541 50Th Ave, Oakland, CA 94601

$740,000

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Listed by Tania Seabock, (415) 209-4582 from Coldwell Banker Realty
(If provided) CoList: from

Sold listing courtesy of Noa Gold from

Sold Price
$740,000
List Price
$780,000
Closing Date
Dec 06, 2024
MLS#
EB41075215
Status
SOLD
Lot Size
6,250
Listing Area
Oakland Zip Code 94601
Year Built
1961

Property Description

Presenting a 6-unit residential building located at 1541 50th Ave, Oakland. This property has been retrofitted and features six 2-bedroom, 1-bath units, offering a total building area of 3,030 square feet. Each unit provides one parking space, ideal for long-term tenants. The property has demonstrated consistent rental income, with no vacancies in the last 10 years, making it a stable investment. This property is in close proximity to schools, parks, public transportation, and major freeways, providing easy access to all that the Bay Area has to offer. With its strong tenant history, excellent location, and potential for value-add improvements, 1541 50th Ave is a perfect opportunity for investors seeking long-term returns in the competitive Oakland rental market. Don't miss this chance to own a prime income-generating property with steady cash flow.

Additional Information

Acres
0.14
Age
63
Amenities
Storage Area(s), Balcony/Patio, Window Covering(s)
Cooling System
None
Days On Market
Unknown
Exterior Features
Stucco
Floor Covering
Linoleum, Carpet - Wall to Wall
Garage Parking
Assigned Spaces, Parking Area
Heating System
Wall Furnace
Laundry Facilities
In Laundry Room, Laundry Facility - Coin-Op, Washer, Dryer
Lot Description
Regular
Lot Size
6,250
Neighborhood
Oakland Zip Code 94601
Numberof Units
6
Sewer
Sewer - Public
Unincorporated Yn
Yes

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