Address
2452 34th Ave Oakland, CA
Price
$ 1,295,000
Property Attributes
  • ID#40977580
  • TypeIncome
  • CountyALAMEDA
  • CityOakland
  • Zip94601
  • StyleQuadruplex
  • Price$ 1,295,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3725
  • Lot Size5,162 SqFt
Listing Provided Courtesy Of:
DAVID NELSON with MARCUS & MILLICHAP.
Data Source:
Contra Costa Association of REALTORS®
Property Description

Peralta Hacienda Apartments is a well-maintained fourplex located at the end of a city-designated "Slow Street" on a quiet cul-de-sac. The building consists of four 2-bed/1-bath units each measuring 930 SF, ideal for work-from-home professionals. Significant value-add opportunity with the potential to convert apartments into 3-bed units and add a fifth unit in unused storage area. The vacant unit offers the option for either an owner move-in or to rent at market rate. The property is generating reliable cash-flow with two Section 8 tenants. 100% rent collection throughout the pandemic. Electric and gas meters are separate and utility expenses are low. The current owner has completed many recent capital improvements including a new roof and three upgraded units. Additional tenant amenities include four off-street parking spaces and leased laundry machines that provide additional income. The property is NOT on the City of Oakland soft-story list.

Price History
1/10/2022 Listed $1,295,000

General Features

Appliances Dryer, Washer
City Oakland
Construction Materials Stucco
Cooling No Air Conditioning
County Alameda
Directions 34th Avenue at Peralta Hacienda Park
Flooring Laminate
Garage Y/N No
Heating Electric
Lot Size Square Feet 5162
Property SubType Quadruplex
Property Type Residential Income
Roof Tar/Gravel
Standard Status Active
Status Active
Street Name 34th Ave
Year Built 1962

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Laundry Features Coin Operated, Laundry Room
Living Area 3725

Exterior Features

Lot Features Cul-De-Sac, Level, Landscape Front
Lot Size Area 5227.2
Parking Features Covered, Off Street, Space Per Unit - 1
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 94601

Price
AVG $1,000K
$1.3M
Visits
AVG 36
7
Year Built
AVG 1930
1962
Walkscore
AVG 87
83
Data Provided by Walkscore ® not using MLS data

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