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$699,000
Est. payment /mo
3,497 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Oakland
MLS Listing ID 41137206
HOA Y/N No
Year Built 1901
Lot Size 3,497 Sqft
Property Sub-Type Quadruplex
Property Description
Great investment opportunity to own this well-maintained four-plex at 1820 International Boulevard! All four units are currently occupied with strong, stable tenants generating $6,175 in total monthly rental income as of 2026 projections. Unit 1: $1,860/mo (tenant pays PG&E) Unit 2: $1,615/mo (tenant pays PG&E + water) Unit 3: $1,500/mo (tenant pays PG&E + water) Unit 4: $1,200/mo (owner covers utilities) This translates to an impressive annual gross income of approximately $74,100. Monthly operating expenses are very reasonable at just $1,020, delivering strong net cash flow for investors. The property features a mix of unit types including a large two-bedroom unit with washer/dryer, separate PG&E meters, and recent upgrades such as a repaired lateral sewer and sidewalk. 1820 International blvd is the property address, while 1817 is what is noted in the tax documentation for the units. Located in a high-demand rental area with excellent access to transportation and amenities, this turnkey four-plex offers immediate income, solid appreciation potential, and the flexibility for an owner-user to live in one unit while collecting rent from the others. Recent home inspection and pest inspection available. Don't miss this rare opportunity to acquire a performing multi-family asset with proven rental performance!
Location
State CA
County Alameda
Interior
Heating Natural Gas
Flooring Concrete, Laminate, Wood
Fireplace No
Exterior
Parking Features On Street
Total Parking Spaces 4
Building
Lot Description Front Yard
Others
Tax ID 2014717
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Listed by Claire Anderson Compass #01513554
Nearby Locations
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