4-unit apartment complex in the Oakland Hills with strong current income and excellent rental upside. The unit mix features four large 2bd/1bth units with four off-street parking
garages, four storage areas, and a large basement area perfect for an ADU. The property was originally built in 1964, offers approximately 3,460 square feet of rental space, and
sits on a 9,000 square foot lot. The units have been fully remodeled with stainless-steel appliances, granite countertops, granite backsplashes, stainless steel fixtures, newer cabinets, custom lighting, custom showers, new vanities and sinks, hardwood floors, and forced air heating. The exterior and interior are in great condition with units separately metered for PG&E, upgraded electrical, a newer roof, double pane windows, and no deferred maintenance resulting in an attractive turn-key investment. Currently, the top and bottom units on the left side are both vacant making this a perfect opportunity for owner-occupants or an investor looking to lease at top market rates. Historically, the tenants have been young professionals, easy to manage, always paid on-time, with no issues. This is an high-demand Oakland Hills location east of HWY 580 with easy access to Downtown Oakland, Lake Merritt, San Francisco, Berkeley, and Silicon Valley. There are many popular restaurants and shopping options nearby making this one of the best locations in all of Oakland.
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