2649 62nd Avenue
$1,000,000
5
4
3,289
3,289
$304
Description
Don't miss this incredible investment opportunity to own a well maintained, income-generating 5- unit 3289 sq ft spacious property in Oakland! This prime multi family investment offers both immediate rental income and long-term value. The property yields $124,500 annually, providing a solid return on investment. Good news, all units are eligible for rent increases. This 5-unit complex is an ideal investment for those looking to enter Oakland's growing real estate market or to expand their portfolio....Don't miss this incredible investment opportunity to own a well maintained, income-generating 5- unit 3289 sq ft spacious property in Oakland! This prime multi family investment offers both immediate rental income and long-term value. The property yields $124,500 annually, providing a solid return on investment. Good news, all units are eligible for rent increases. This 5-unit complex is an ideal investment for those looking to enter Oakland's growing real estate market or to expand their portfolio. With primary veteran housing subsidies in place, this property provides financial security and the potential for future appreciation. Guaranteed rental income from four units housing veterans. Gated property for tenant safety and privacy, on site laundry facilities for tenant convenience, located in a quiet residential area with proximity to parks, schools and local amenities. Quick access to I-580, public transportation and a short commute to downtown Oakland and Lake Merritt. As an incentive to the buyer the seller is offering one year of a home warranty plan plus pay for the first 3 claims.
- Listed by Barbara Williams • DRE #01450396 • Sterling Royal Real EstateP: (916)-402-5361 BARBARAWILLIAM1701@SBCGLOBAL.NET
- Listed by Malinda M Rideaux • DRE #02132904 • Sterling Royal Real EstateP: (925)-234-5329 rideaux2016@gmail.com
Property Details for 2649 62nd Avenue
Parking Features
Attached, Carport, Covered, Side-by-Side
ZoningMulti Family Dwelling
LISTING UPDATED: 10/25/2024 09:12 PM
Property Details for 2649 62nd Avenue
Status | Active |
---|---|
MLS # | 224116449 |
Days on Compass | 36 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / 5 or More Units |
Year Built | 1960 |
Lot Size | 0.09 AC / 3,759 SF |
County | Alameda County |
Building Information for 2649 62nd Avenue
Stories2Residences5Year Built1960Building Size-Lot Size0.09 AC / 3,759 SF
Property Information for 2649 62nd Avenue
Property History for 2649 62nd Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2649 62nd Avenue
Taxable ValueLand$206,579Additions$482,212Total$688,791
Tax Record2024$13,362 ($1,114 / month)
Home Facts
Total Finished SqFt3,289 SqFtAbove Grade Finished SqFt3,289 SqFtStories2Lot Size3,760 SqFtStyleMulti-Family Res (5+ Units)Year Built1960CountyALAMEDAAPN38-3200-5-2
Schools near 2649 62nd Avenue
This home is within Oakland Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Greenleaf Elementary School PublicK to 8 | ||
Frick United Academy of Language Public6 to 8 | ||
Castlemont High Public9 to 12 | ||
East Oakland Leadership Academy CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.