1507 48th Ave Oakland, CA 94601
Listing Courtesy of:  bridgeMLS / BHG Re Reliance Partners / Olando Graves
$1,200,000

  1507 48th Ave Oakland, CA 94601

Active (73 Days)

Description

MOTIVATED SELLER... BRING OFFER !! Don't miss out on this rare opportunity to purchase and invest in this Triplex, which is 1/2 of A 6-dwelling, 2-parcel compound (Same owner owns both parcels). This Tri-plex consists of a Duplex and a SF cottage. Nicely remodeled and well kept. 2 units has 3 bd, 1 bth and 1 unit has 3bd 2 bths. All units has Solar and many other upgrades. This parcel of property has the capability to add an additional 4th unit (Garage to ADU) conversion, per City of Oakland zoning. Also, the buyer of this Tri-plex will get the First Right of Refusal to purchase the adjacent sister parcel that has 3-dwelling (5 units), when owner decides to sell also. The other 1/2, Adjacent property (which is a separate parcel & will be sold separately), has 2 duplexes and 1 SF cottage. The Entire property (both parcels) is zoned for a possible 34 units, per City of Oakland, And spans across an entire block, with entrances on both 48th and 47th Avenues... A MUST SEE !!

MLS #:
41040053
Lot Size
7,300 SQFT
Type
Multifamily
Year Built
1900
School District
Oakland (510) 879-8111
County
Alameda County
Bathroom Details
Interior Features
  • Gas Water Heater
  • Storage
  • Electric Water Heater
  • Solar Hot Water
  • Storage Area(s)
  • Tub W/Shower Over
  • Shower Stall(s)
  • Solar Water Heater Leased
Lot Information
  • Level
  • Garden
  • Private
  • Paved
  • Security Gate
  • Front Yard
  • Sloped Up
Heating and Cooling
  • Electric
  • Ceiling Fan(s)
  • Wall/Window Unit(s)
Flooring
  • Laminate
Exterior Features
  • Roof: Composition Shingles
Utility Information
  • Utilities: Water/Sewer Meter on Site
  • Sewer: Holding Tank, Sump Pump, Public Sewer
Garage
  • Garage
Parking
  • Guest
  • Detached
  • Parking Lot
  • 4-7 Cars
Living Area
  • 2,308 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Nov 28, 2023
Price Changed
$1,200,000
-8%
-100,000
Sep 23, 2023
Original Price
$1,300,000
-
-
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