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Listed by Steven Pinza • The Pinza Group, Inc
$800,000
Est. payment /mo
3,626 SqFt
Active
2262 Courtland Ave Oakland, CA 94601
UPDATED:
09/12/2024 03:33 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,626 sqft
Price per Sqft $220
MLS Listing ID 41072096
HOA Y/N No
Originating Board Bridge AOR
Year Built 1962
Lot Size 5,850 Sqft
Property Description
2262Courtland.com; 2262 Courtland Ave is a distinguished fourplex in Oakland's sought-after Jefferson neighborhood. The property offers three expansive 2bd/1bth units offering 1,050 SF and one 3bd/1bth unit at 1,350 SF. Each unit is provided with gated covered parking, and access to a communal laundry room offering exceptional tenant convenience. Its strategic location near the Fruitvale BART station positions it as an attractive option for commuters. The current rental rates, set at approximately 40% below market, unveil a substantial opportunity for significant rental upside upon turnover, capital improvement pass-throughs, or tenant buy-outs. This property, currently fully leased and with individual utility metering, stands as an excellent investment avenue with a clear upside for growth, suitable for both established investors and those seeking an owner-occupied investment. Email agent on property website for more info.
Location
State CA
County Alameda
Interior
Heating Other
Cooling Other
Flooring Other
Fireplace No
Exterior
Parking Type Other
Building
Lot Description Other
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