Bought with Joey Wang • Keller Williams Realty
$1,225,000
$1,200,000
2.1%For more information regarding the value of a property, please contact us for a free consultation.
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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