1608 Myrtle Street, Oakland, CA 94607 (MLS # 424027185)
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Welcome to an outstanding investment opportunity: a lucrative 6-unit property consisting of two structures, strategically situated in the Oak Center neighborhood of West Oakland. Positioned on a corner lot, this property boasts impressive performance with a CAP rate exceeding 8.5%. Each unit is equipped with individual PG&E meters, offering convenience and efficiency for both landlord and tenants. Noteworthy is the exemption from soft-story retrofit requirements and the sewer lateral compliance in accordance with the City of Oakland's regulations.
| DAYS ON MARKET | 15 | LAST UPDATED | 4/25/2024 |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | Oakland Zip 94607 |
| COUNTY | Alameda | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AREA | Oakland Zip 94607 |
|---|---|
| LOT | 5001 sq ft |
| LOT DESCRIPTION | Corner Lot |
| PARKING | Carport, On Street, Open, See Remarks |
MORTGAGE CALCULATOR
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Listing provided by Marco Barretto, Avenue 8 Inc.
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Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted.
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