Property Detail
Description
MAJOR PRICE REDUCTION: $1,029,000 (WAS $1,165,000)! Updated, income-producing 4-plex in Oakland’s desirable Maxwell Park! Property includes two 2BD/1BA flats upstairs and two 1BD/1BA units downstairs. Current monthly income is $6,785 ($81,420 annually) with an estimated 6.26% cap rate based on actual seller expenses. All units have updated kitchens, dual-pane windows, laminate flooring, and off-street parking. Two units include in-unit laundry. Major system upgrades: newer roof, updated plumbing and electrical. Tenants pay PG&E; owner pays water and garbage. Strong cash flow and low-maintenance setup make this ideal for investors or owner-occupants. Prime location near Mills College and MacArthur Blvd with easy access to 580 & 880. Please do not disturb tenants.
Map Location
Listing provided courtesy of Michael Hyles of Re/Max 1st Choice. Last updated 2025-08-27 08:11:34.000000. Listing information © 2025 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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