Active
1608 Myrtle Street
Oakland CA, 94607
$995,000
$250.63 per sqft
Active
10 Beds
3,970 sqft
Multi-family
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.
424027185
MLSⓇ ID
April 20, 2024
Listed
May 4, 2024
Updated
Map
1608 Myrtle Street
Oakland CA, 94607
Interior Features
Total Stories
0
Bedrooms
10
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.11 Acres
Lot Features
Corner Lot
Other Property Details
Area Name
Oakland Zip 94607
Garage
No
Parking
Carport, On Street, Uncovered, See Remarks
Parking Total
2
View
No
County
Alameda
Pool
No
Open House Schedule
Sun, May 5th
3:00 PM - 4:00 PM PDT
Listed by Marco Barretto with Avenue 8 Inc.
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. Data last updated on 5/4/2024.
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Level 5 Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 San Francisco Association of REALTORS. All rights reserved.
Data last updated 10:09 PM UTC, 5/4/2024
