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Key Details
Sold Price $795,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 41072096
Sold Date 11/01/24
HOA Y/N No
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 See Remarks
Cooling See Remarks
Fireplace No
Exterior
Garage Other
Parking Type Other
Total Parking Spaces 4
Others
Tax ID 36241451
Financing Cash
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Bought with Steven Pinza • The Pinza Group, Inc
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Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692