2520 East 24th Street Oakland, CA 94601
Listing Courtesy of: MLSlistings Inc. / Los Altos / Lisa Wittkopf / Elsa Nguyen - Contact:  650-464-5426

  2520 East 24th Street Oakland, CA 94601

Active (80 Days)
$1,095,000

Description

Discover an exceptional investment in this well maintained Victorian triplex nestled in Oakland's Meadowbrook neighborhood, within the lively Fruitvale District. Preliminary applications to convert non-conforming units into ADUs present a TREMENDOUS OPPORTUNTIY FOR INCREASED INCOME on an already positive cashflow property! All units, recently updated & tenant-occupied, offer contemporary living. The building's tranquil ambiance, set back from the street, is complemented by on-site laundry & off-street parking, in the secure gated lot. A shared backyard enhances tenant enjoyment. . Explore the vibrant Dimond & Laurel districts, easily commute via Hwy 580, bus, or Fruitvale BART. Nearby conveniences include Morgan Plaza, Farmer Joes Market, the Food Mill, Peet's Coffee & Tea, La Farine Bakery, Grand Lake Kitchen, Hacienda Peralta Park, and Manzanita Recreation Center. Embrace this active community with a 73 Walk Score & 60 Bike Score, accessibility is paramount to this property! Seize your opportunity to capitalize on the potential with a 7.1% CAP and 10.5 Gross Rent Multiplier. This is not just a property; it's your gateway to prosperity in the heart of Oakland's thriving community! DO NOT DISTURB, PLEASE RESPECT TENANTS PRIVACY.

MLS #:
ML81952805
Taxes
$13,155
Lot Size
7,200 SQFT
Type
Multifamily
Year Built
1908
Views
City Lights
School District
1686
County
Alameda County

Listed By

Lisa Wittkopf, DRE #01127702, Los Altos, Contact: 650-464-5426
Elsa Nguyen, DRE #01415551, Los Altos
Source
MLSlistings Inc.
Last checked Apr 19 2024 at 2:10 PM GMT+0000
Bathroom Details
Interior Features
  • Coin Operated
Kitchen
  • Countertop - Stone
Property Features
  • Foundation: Raised
Heating and Cooling
  • Gas
  • Window / Wall Unit
Flooring
  • Tile
  • Vinyl / Linoleum
Exterior Features
  • Roof: Rolled Composition
Utility Information
  • Utilities: Public Utilities, Water - Public
  • Sewer: Sewer - Public
School Information
  • Elementary School: Manzanita Seed
  • Middle School: Melrose Leadership Academy
  • High School: Life Academy
Garage
  • Common Parking Area
  • Off-Street Parking
Stories
  • 1
Living Area
  • 3,052 sqft
Additional Listing Info
  • Buyer Brokerage Commission: 2.00
Location
   
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