848 Erie St, Oakland, CA 94610

$950,000
4
BD
3,630
SqFt

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Listed by Shalaya Shipman, (510) 773-4686 from Compass
(If provided) CoList: Susanne Alexander from Compass

Sold listing courtesy of Nikolas Thysell from SIKI01

Sold Price
$950,000
List Price
$995,000
Closing Date
Mar 12, 2025
MLS#
EB41081870
Status
SOLD
Sqft. of Residence
3,630
Lot Size
5,000
Listing Area
Oakland Zip Code 94610

Property Description

Step into 848 Erie Street, a charming two-story fourplex nestled in the sought-after Grand-Lakeshore neighborhood of Oakland, where opportunity and potential abound for both investors and owner-occupants. This well-maintained property features four spacious 1-bedroom, 1-bathroom units, offering immediate rental income and the unique chance for an owner to live in one unit while enjoying the income from the others. Each unit boasts a private single-car garage and a dedicated rear entrance, ensuring privacy and convenience for all residents. The strong rental demand in this desirable area, combined with significant value-add opportunities, makes this an exceptional investment with incredible upside potential. With its ideal location in one of Oakland's most vibrant and thriving neighborhoods, this property presents an excellent opportunity for those looking to invest in a well-positioned asset, or homeowners seeking a live-in income property with long-term growth potential.

Additional Information

Acres
0.12
Age
101
Cooling System
Air Conditioning - None
Days On Market
Unknown
Exterior Features
Stucco
Floor Covering
Laminate, Other, Hardwood
Garage Parking
Attached Garage, Gate / Door Opener, Spaces per Unit - 1
Heating System
Forced Air, Gravity
Laundry Facilities
Other, Washer, Dryer
Living Area
3,630
Lot Description
Grade - Level
Lot Size
5,000
Neighborhood
Oakland Zip Code 94610
Numberof Units
4
Roof
Composition
Sewer
Sewer - Public
Unincorporated Yn
Yes

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Calculator source: Real Geeks

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