1618 82Nd Avenue

Description

1618 82nd Avenue is a three unit multifamily property built in 1928, located in Oakland, CA. The property consists of one 4bd/2bth standalone single family home, one 2bd/1bth and one 1bd/1bth unit. Situated on a 5,120 sq ft lot, the property has recently undergone capital improvements including, but not limited to, a new roof, dual pane windows, remodeled bathrooms and new siding. All units are separately metered for PG&E and water and all tenants currently pay for gas, electric, and water providing low annual expenses for the owner. There is a garage in the back of the property approximately 15'x25'(375sqft) which could potentially be converted into a fourth unit (Buyer to confirm). Additionally, there are 5 years of banked rents for both the 2bd and 4bd units providing instant rental upside for new owner. Lastly, there are owner owned coin operated laundry machines providing additional income.

Listing information courtesy of: Steven Pinza, The Pinza Group, Inc . *Based on information from the Association of REALTORS/Multiple Listing as of 11/12/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.