2622 Kingsland Ave new Save Request In-Person Tour Request Virtual Tour
Oakland,CA 94619
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,300 sqft
Price per Sqft $311
Subdivision Maxwell Park
MLS Listing ID 41107165
Bedrooms 6
Year Built 1923
Lot Size 3,246 Sqft
Property Sub-Type Quadruplex
Property Description
MAJOR PRICE REDUCTION: $1,029,000 (WAS $1,165,000)! Updated, income-producing 4-plex in Oakland's desirable Maxwell Park! Property includes two 2BD/1BA flats upstairs and two 1BD/1BA units downstairs. Current monthly income is $6,785 ($81,420 annually) with an estimated 6.26% cap rate based on actual seller expenses. All units have updated kitchens, dual-pane windows, laminate flooring, and off-street parking. Two units include in-unit laundry. Major system upgrades: newer roof, updated plumbing and electrical. Tenants pay PG&E; owner pays water and garbage. Strong cash flow and low-maintenance setup make this ideal for investors or owner-occupants. Prime location near Mills College and MacArthur Blvd with easy access to 580 & 880. Please do not disturb tenants.
Location
State CA
County Alameda
Zoning Comm
Rooms
Other Rooms Shed(s)
Interior
Heating Forced Air,Natural Gas
Cooling Ceiling Fan(s)
Flooring Laminate
Laundry Dryer,In Unit,Laundry Equip - Owned,Washer,Inside
Exterior
Exterior Feature Back Yard,Storage,Garden,Landscape Back,Yard Space,Lawn Sprinkler
Utilities Available Cable Available,Cable Connected,Internet Available,Natural Gas Connected,Individual Electric Meter,Individual Gas Meter
Building
Lot Description Back Yard,Garden,Landscaped,Sprinklers In Rear
New Construction No