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$ 998,000
Est. payment | /mo
4,800 Sqft Lot
$ 998,000
Est. payment | /mo
4,800 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41079206
HOA Y/N No
Year Built 1963
Lot Size 4,800 Sqft
Property Description
Own a piece of Oakland's vibrant rental market with this income-generating quadplex! Located in the desirable Upper Laurel neighborhood, just north of the 580 freeway, 3608 Midvale Avenue offers four spacious 2-bedroom, 1-bathroom units, each 816 square feet. Built in 1963, this well-maintained two-story building spans 3,264 square feet and features a practical, low-maintenance design that’s both popular and functional. This property is a prime investment opportunity with consistent rental appeal, boasting 8 on-site parking spaces across the driveway and garages. Additional amenities include four storage lockers, a backyard hangout space, and a shared coin-operated laundry. With one unit currently vacant, and another on it's way. it’s perfect for an owner-occupant or for leasing at market rates. The property also includes two large two-car garages, offering potential for extra income or conversion to ADUs, with additional driveway and street parking available. Situated close to public transportation and major freeways, this quadplex is an ideal choice for investors seeking strong cash flow.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Flooring Carpet, Laminate
Fireplace No
Exterior
Parking Features Garage
Total Parking Spaces 8
Building
Sewer Public Sewer
Others
Tax ID 2895713
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan
Listed by Jerry Beverly • Compass
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "