$1,900,000
$1,900,000
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3819 Maybelle Ave Oakland, CA 94619
12 Beds
1 Bath
7,585 SqFt
Key Details
Sold Price $1,900,000
Property Type Multi-Family
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 7,585 sqft
Price per Sqft $250
MLS Listing ID EB41059103
Sold Date 08/30/24
Bedrooms 12
Originating Board Bridge MLS
Year Built 2005
Lot Size 0.294 Acres
Property Description
Tucked away in Upper Laurel, just southwest of Crestmont, is an investment opportunity that's laden with income ($15,300/month) and dripping in future growth potential: Oakland's 3819 Maybelle Avenue. This is a large (7,585 sq. ft.), five-unit building (5, 3BR/1.5BA) sitting on a massive 12,800 sq. ft. lot. Each unit is separately metered and in excess of 1,500 sq. ft., following a two-story, townhouse-style layout that includes formal living and dining rooms. Built in 2005, this construction is new enough that 3819 Maybelle Avenue is exempt from rent control-a rare advantage for owners. Shopping and dining options along nearby MacArthur Boulevard make this area popular with renters, as do easy freeway (I-580) and highway access (CA-13). Asking only $1.9MM ($250 sq. ft.), this is an exceptionally unique investment opportunity at a very competitive price.
Location
State CA
County Alameda
Area Other Area
Zoning RM-3
Interior
Heating Forced Air, Gas
Cooling None
Flooring Laminate, Tile, Carpet - Wall to Wall, Hardwood
Laundry 220 Volt Outlet, Laundry Area - In Unit, Washer, Dryer
Exterior
Exterior Feature Stucco, Wood Frame
Parking Features Assigned Spaces, Parking Area
Garage Spaces 10.0
Building
Lot Description Grade - Level
Sewer Sewer - Public
Water Public, Heater - Gas
Others
Tax ID 30-1929-20
Special Listing Condition Not Applicable
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Bought with Yian Lin • Keller Williams Palo Alto