Active

890 31st Street

Oakland CA, 94608

$850,000


$311.58 per sqft

Active

8 Beds

2,728 sqft

Multi-family

Built in 1907

Huge upside opportunity for the resourceful investor or first time home buyer. Current 4 CAP with potential for 10 CAP plus! This 4-plex consists of all 2 bedrooms 1 bath units each with their own electric and gas meters. Lower vacant unit is fully updated with new kitchen cabinets, bathroom, and bedrooms. Conveniently located in between MacArthur and 19th St BART stations, this property is also easily accessible from 80, 24, 580, and 980 freeways. A large 6040 sq ft lot with a double wide frontage allows for tremendous expansion possibilities for ADU and development potential. You can start adding expansion units right away for additional income while renovating the existing units to bring up to market rent. Easy to rent with great upside makes this an excellent choice for investment or live in one and rent out the others. 1 downstairs unit deliver vacant at COE. 4-plex all units are 2 bedrooms 1 bath. No sign on property please do not disturb tenants. All current leases are month to month. Lower Unit 1 is vacant, lease amount shown is for calculation only. This won't last!

ML81954055

MLS ID

February 12, 2024

Listed

February 25, 2024

Updated

Map

890 31st Street
Oakland CA, 94608

Interior Features

Bedrooms

8 Beds


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s)


Heating

No


Heating Description

None

Exterior/Building Features

Lot Size

0.14 Acres

School Information

School District

Oakland (510) 879-8111

Other Property Details

Area Name

Listing


Garage

No


View

No


County

Alameda


Pool

No


Zoning

RIN


Buyer Agency Compensation

2.5%

Listed by Gary Tsang with Fida Realty
Listing Contact: 415-702-7007 

Bay East  ©2024 CCAR  ©2024. bridgeMLS  ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 1:08 PM UTC, 2/25/2024.

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