- Residential Income Property Type
- 39 Days Time on market
- 1928 Year Built
SHOWING 11/16, 10am-12pm. 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.