Oakland, CA 94602,1424 E 31St St
Listed by Joey Wang • Keller Williams Realty
Bought with Joey Wang • Keller Williams Realty

$1,225,000

$1,200,000

2.1%
Est.Price: ?

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Est. payment /mo

3,635 SqFt


SOLD DATE : 03/18/2023

Key Details

Sold Price $1,225,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,635 sqft

Price per Sqft $337

MLS Listing ID 41017325

Sold Date 03/18/23

HOA Y/N No

Originating Board Bridge AOR

Year Built 1910

Lot Size 5,000 Sqft

Property Sub-Type Quadruplex

Property Description

A converted Victorian that's now a five-unit (four conforming) multifamily, Oakland's 1424 E 31st Street is a lucrative investment opportunity for the right buyer trying to build their portfolio. What makes this listing so appealing?—It's location. The property is directly across from Highland Hospital Medical Campus which means vacancies will be of interest to strong rental candidates such as medical assistants, traveling nurses, physicians, and other specialty medical staff. The four conforming units are all individually metered for water, gas, and electric ensuring maximum convenience from a property management standpoint. It's also critical to note that three of the units come with their own secured parking spots, and that the building itself features a gated, secure entry—a must-have in any urban environment. Interstate 580 as well as critical retailers such as CVS and Safeway are less than five minutes away, adding to the overall convenience of living at 1424 E 31st Street.

Location

State CA

County Alameda

Interior

Heating Natural Gas, Wall Furnace

Cooling No Air Conditioning

Flooring Hardwood, Tile, Carpet

Fireplace No

Appliance Dryer, Washer, Tankless Water Heater

Laundry Laundry Room, In Unit

Building

Lot Description Front Yard, Paved, Security Gate

Water Public

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Bay East AOR and Contra Costa AOR
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