$2,025,000
$2,225,000
9.0%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4,294 SqFt
SOLD DATE : 10/21/2022
Key Details
Sold Price $2,025,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,294 sqft
Price per Sqft $471
MLS Listing ID 422678144
Sold Date 10/21/22
Bedrooms 8
HOA Y/N No
Year Built 1958
Lot Size 5,702 Sqft
Acres 0.1309
Property Sub-Type Multi Family
Property Description
34 Yosemite Ave is an 8-unit, value-add, multifamily investment property located in the Piedmont Ave Neighborhood of Oakland, CA. Built in 1958, the 4,294 SF 2-story structure is situated on a 5,700 SF lot just off of Piedmont Ave, one of Oakland's most popular commercial corridors. The property features a unit mix of 8 1-bed, 1-bath units with similar floor plans. Several units at the property have undergone upgrades & provide an example of what can be done to units upon turnover. The next owner will have the opportunity to complete upgrades & take advantage of current market rate rents in the city of Oakland upon unit turnover. The property also features on-site coin-operated laundry & 7 off-street surface parking spaces that provide the potential opportunity for additional income. The property features a 98 Walk Score and have convenient access to a multitude of dining, shopping and entertainment options. The property is also under 1-mile to MacArthur BART Station.
Location
State CA
County Alameda
Area Oakland Zip 94611
Rooms
Basement None
Interior
Heating Gas, Wall Furnace
Cooling Ceiling Fan(s)
Flooring Carpet, Linoleum, Tile, Vinyl
Fireplace No
Appliance Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Varies By Unit
Laundry Coin Operated, Common Area
Exterior
Roof Type Asphalt,Flat
Total Parking Spaces 7
Building
Lot Description Curb(s), Curbs/Gutters, Landscape Front, Shape Regular, Sidewalk
Story 2
Foundation Concrete, Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Tax ID 0120937014
Acceptable Financing Other
Listing Terms Other
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