58th Street Oakland, CA

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Sold For $1,515,000

Units 7

PROPERTY DESCRIPTION

The building consists of seven well-maintained units with a mix of 5 studios, 2 large 1 bedrooms, and 4 off-street parking spaces in the back of the building.Units have similar layouts with hardwood floors built-in Cabinetry walk-in closets in the back patio every unit has an individual water heater and some units feature upgraded kitchens and bathrooms. The building has been tastefully painted, landscaped, and is separately metered for gas and electric.With the building priced at only 216k a door, having 25% rental upside, and being only walking distance to the trendy Temescal shops this is an outstanding property for an investor to grow with.

  • 25% Upside in rents

  • Desirable Temascal location

  • Only 16 K per unit

  • Hardwood floors throughout

  • Separately metered for gas and electric

  • On-site laundry room

  • High cash flow day one

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