MLS® ID: 40866762

1932 Seminary Avenue

OAKLAND, California, 94621

$709,000 Pending
  • 3618 SQFT
The M|K| D Group powered by Realtysource is pleased to offer this unique four (4) unit Multifamily Investment opportunity located at 1932 Seminary Avenue in Oakland, CA. This two-story, 3,218 SF building built in 1918 on a 6,000 SF lot with a beautiful front yard is constructed of wood frame and stucco on a raised foundation. Having incredibly high upside potential, the property is comprised of an impressive unit mix of two (2) 2+2 units, one (1) 2+1, and one (1) 1+1 boasting a 41% rental upside. The property is subject to the City of Oakland’s rent control program. 1932 Seminary supplies on-site parking, as well as on-site laundry which has potential for additional income, and each unit is individually metered for PG&E. Buyer to participate in 1031 at no additional cost. 1) DO NOT DISTURB THE TENANTS. 2) Submit Offer on a CAR Residential-Income Purchase Agreement.
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Overlay Logo Listing courtesy of Realty Source, Inc.

Amenities

  • Full baths
    0
  • Zip
    94621
  • Office name
    Realty Source, Inc.
  • SQFT
    3618
  • Bedrooms
    0
  • Property type
    FOURPLEX
  • Year built
    1918
  • Lot size
    0.14
  • Sewer
    Sewer System - Public,Water - Public
  • Heating
    Electric
  • Agent name
    Karen Mulcahy
  • Tax amount
    $ 9642
  • Purchase Type
    Pending
  • Price Range
    $700k-$800k
  • Square Feet Range
    3500-4000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    84001
  • Agent ID
    166024426

Location

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