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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.
Property Type(s):
Residential Income
| Last Updated | 8/5/2025 | Tract | MAXWELL PARK |
|---|---|---|---|
| Year Built | 1923 | County | Alameda |
Additional Details
| AIR CONDITIONING | Yes |
|---|---|
| APPLIANCES | Dryer, Gas Water Heater, Washer |
| CONSTRUCTION | Stucco |
| HEAT | Forced Air, Natural Gas |
| LOT | 3245 sq ft |
| LOT DESCRIPTION | Back Yard, Sprinklers In Rear |
| SEWER | Public Sewer |
| SUBDIVISION | MAXWELL PARK |
Location
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Listed with Re/Max 1st Choice
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