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$ 995,000
Est. payment /mo
Active
848 Erie St Oakland, CA 94610
5,000 Sqft Lot
UPDATED:
01/27/2025 06:53 AM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Lakeshore/Grand
MLS Listing ID 41081870
HOA Y/N No
Year Built 1924
Lot Size 5,000 Sqft
Property Description
Step into 848 Erie Street, a charming two-story fourplex nestled in the sought-after Grand-Lakeshore neighborhood of Oakland, where opportunity and potential abound for both investors and owner-occupants. This well-maintained property features four spacious 1-bedroom, 1-bathroom units, offering immediate rental income and the unique chance for an owner to live in one unit while enjoying the income from the others. Each unit boasts a private single-car garage and a dedicated rear entrance, ensuring privacy and convenience for all residents. The strong rental demand in this desirable area, combined with significant value-add opportunities, makes this an exceptional investment with incredible upside potential. With its ideal location in one of Oakland's most vibrant and thriving neighborhoods, this property presents an excellent opportunity for those looking to invest in a well-positioned asset, or homeowners seeking a live-in income property with long-term growth potential.
Location
State CA
County Alameda
Interior
Heating Forced Air, Gravity
Flooring Laminate, Wood
Fireplace No
Appliance Gas Water Heater, Dryer, Washer
Exterior
Parking Features Garage, Garage Door Opener
Roof Type Shingle
Total Parking Spaces 4
Building
Lot Description Street Level
Sewer Public Sewer
Others
Tax ID 1183919
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Shalaya Shipman • Compass