459 Stow Ave, Oakland, CA 94606

$1,485,000
6
BD
2,610
SqFt

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Listed by Jatin Mehta, (510) 878-6800 from Kite Hill Real Estate
(If provided) CoList: from

List Price
$1,485,000
MLS#
EB41144567
Status
ACTIVE
Sqft. of Residence
2,610
Lot Size
3,000
Listing Area
Oakland Zip Code 94606

Property Description

To access the marketing package copy/paste: https://bit.ly/kitehillre Introducing 459 Stow Avenue, a rare opportunity to acquire a well-maintained four-unit apartment building in one of Oakland's most desirable neighborhoods. Built in 1990-a rarity in Oakland's multifamily market-the property features an attractive unit mix of (2) two-bedroom/one-bath units and (2) one-bedroom/one-bath units, making it ideal for a broad tenant base. Several units enjoy Lake Merritt views from their bedrooms and private balconies, while residents benefit from four covered parking spaces and on-site coin-operated laundry. The property has been meticulously maintained, with over $110,000 invested in capital improvements, significantly reducing deferred maintenance for future ownership. Recent upgrades include a fully renovated Unit 2 featuring a new kitchen, bathroom, flooring, cabinetry, countertops, and appliances, along with a remodeled Unit 4 bathroom. Additional improvements include new roofs and skylights, new water heaters, dual-pane windows, new fencing, renovated balconies, garage enhancements, and water-efficient fixture upgrades throughout the property, offering investors a truly turnkey asset. Ideally located just blocks from Lake Merritt, Lakeshore Avenue, and Grand Avenue, tenants e

Additional Information

Acres
0.06
Cooling System
Other
Days On Market
Unknown
Exterior Features
Stucco
Floor Covering
Wood
Garage Parking
Detached Garage, Tandem Parking
Heating System
Gas
Living Area
2,610
Lot Description
Regular
Lot Size
3,000
Neighborhood
Oakland Zip Code 94606
Numberof Units
4
Roof
Other
Unincorporated Yn
Yes

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