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367 St , Oakland, CA 94609
Priced at Only: $1,350,000
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Address: 367 St , Oakland, CA 94609
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  • MLS#: 41124745 ( Quadruplex )
  • Street Address: 367 St
  • Viewed: 2
  • Price: $1,350,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1941
  • Bldg sqft: 0
  • Days On Market: 7
  • Additional Information
  • County: ALAMEDA
  • City: Oakland
  • Zipcode: 94609
  • Subdivision: Temescal
  • Provided by: Kite Hill Real Estate
  • Contact: Jatin Jatin
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    To access the marketing package copy/paste: https://bit.ly/kitehillre. 367 41st St is a 4 unit apartment building in Oakland's Temescal neighborhood, offered as part of a 12 unit portfolio alongside 359 41st St and 4045 Manila Ave. The three properties can be acquired individually or together, delivering meaningful scale while keeping each asset separately manageable and financeable. The building is 100% occupied with all four units featuring large 1 bedroom, 1 bath floor plans generously sized for the unit type and well above what's typical in the submarket. In place rents are stable with room to grow to market as units turn, and with many units already updated, near term capital expenditure exposure is limited. Remaining unrenovated units represent a clear path to push rents further at turnover, giving the next owner both immediate cash flow and a credible value add strategy. The property comes with off street parking, private garages, and on site coin laundry amenities that drive tenant retention and differentiate the building from competing rentals in the area. Its location puts tenants within walking distance of Broadway, Telegraph Avenue, Temescal Alley, Piedmont Avenue, and MacArthur BART, keeping vacancy low and demand consistent.
Features
Association Fee
  1. 0.00
Construction Materials
  1. Stucco
Cooling
  1. See Remarks
Flooring
  1. Wood
Heating
  1. Natural Gas
Parcel Number
  1. 1210052
Parking Features
  1. Garage
Property Type
  1. Quadruplex
Sewer
  1. Public Sewer
Sourcesystemkey
  1. 41124745:BMLS
Subdivision Name Other
  1. TEMESCAL
Tenant Pays
  1. Gas
Year Built
  1. 1941
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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