1608 Myrtle Street, Oakland
Oakland Home For Sale
Welcome to an outstanding investment opportunity: a lucrative 6-unit property consisting of two structures, strategically situated in the Oak Center neighborhood of West Oakland. Positioned on a corner lot, this property boasts impressive performance with a CAP rate exceeding 8.5%. Each unit is equipped with individual PG&E meters, offering convenience and efficiency for both landlord and tenants. Noteworthy is the exemption from soft-story retrofit requirements and the sewer lateral compliance in accordance with the City of Oakland's regulations.
Property Details
Essential Information
-
- MLS® #:
- 424027185
-
- Price:
- $995,000
-
- Bedrooms:
- 10
-
- Bathrooms:
- 0.00
-
- Square Footage:
- 3,970
-
- Acres:
- 0.11
-
- Type:
- Residential Income
-
- Sub-Type:
- Multi Family
-
- Status:
- Active
Community Information
-
- Address:
- 1608 Myrtle Street
-
- Area:
- Oakland Zip 94607
-
- City:
- Oakland
-
- County:
- Alameda
-
- State:
- CA
-
- Zip Code:
- 94607
Amenities
-
- Parking Spaces:
- 2
-
- Parking:
- Carport, On Street, Open, See Remarks
Exterior
-
- Lot Description:
- Corner Lot
Additional Information
-
- Date Listed:
- April 20th, 2024
© Copyright 2024 of the SFAR MLS.
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. Information being provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.