Jessie Espinosa

(209) 652-8112jessie@espinosa.org
    $1,000,000
    For Sale

    2649 62nd Avenue

    Oakland, CA 94605
    3289 sqft | 0.09 acres | #224116449
    Browse 27 photos
    Type:Multi-Family
    Structure:Unit
    Zone:Residential

    Description

    Don't miss this incredible investment opportunity to own a well maintained, income-generating 5- unit 3289 sq ft spacious property in Oakland! This prime multi family investment offers both immediate rental income and long-term value. The property yields $124,500 annually, providing a solid return on investment. Good news, all units are eligible for rent increases. This 5-unit complex is an ideal investment for those looking to enter Oakland's growing real estate market or to expand their portfolio. With primary veteran housing subsidies in place, this property provides financial security and the potential for future appreciation. Guaranteed rental income from four units housing veterans. Gated property for tenant safety and privacy, on site laundry facilities for tenant convenience, located in a quiet residential area with proximity to parks, schools and local amenities. Quick access to I-580, public transportation and a short commute to downtown Oakland and Lake Merritt. AS AN INCENTIVE TO THE BUYER THE SELLER IS OFFERING ONE YEAR OF A HOME WARRANTY PLAN PLUS PAY FOR THE FIRST 3 CLAIMS.

    • Property Details
        • Parking FeaturesAttached, Carport, Covered, Side-by-Side
        • Sewer InformationIn & Connected, Public Sewer
        • Lot DescriptionCurbs/Gutters, Sidewalk
        • ZoningMulti Family Dwelling
        • Property Subtype5 or More Units
        • Property TypeMulti-Family
        • Exterior FeaturesFenced Yard
        • MLS #224116449
        • MLS #224116449
        • Utility FeaturesElectric
        • CountyAlameda
        • Cost1000000
        • Acres0.0863
        • Parking TypeGarage
        • Utility SourcePublic
        • Square Feet3289
        • Year Built1960
        • FoundationSlab
        • RoofFlat
        • Stories2
        • Parking Spaces4

    Location

    Legal

    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

    Last Updated: . Source: METROLISTMLS

    Listing Courtesy
    Listing Agent: Barbara J Williams (#SWILLIBJ)
    Listing Office: Sterling Royal Real Estate (#01RYRE)

    Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group
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    10.0%

    Interest Rate

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    6.0%

    Tax Rate

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    2.6%
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    Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

    Estimated Monthly Payment
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    Loan Amount
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      The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

      Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

      IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

      IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.