$1,000,000
Est. payment /mo
3,258 Sqft Lot
New
738 34th St Oakland, CA 94609
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41142986
HOA Y/N No
Year Built 1905
Lot Size 3,258 Sqft
Property Sub-Type Quadruplex
Property Description
738–744 34th Street presents an exceptional investment opportunity in the heart of West Oakland. Originally built in 1902, this two-story fourplex was expanded with a lower-level addition in 1993, offering approximately 3,258 square feet of living space nestled on a 6,000 square foot lot. The property features a desirable unit mix of two (2) 2-bedroom, 1-bath units and two (2) 3-bedroom, 1-bath units. Situated in a thriving neighborhood experiencing a strong rental demand, this income-producing asset offers compelling investment metrics, including an approximate +/-9.79% Capitalization rate and +/-7.43 Gross Rent Multiplier (GRM). Separately metered with four (4) gas meters and four (4) electric meters, and is serviced by one (1) master water meter. Ideally located near MacArthur BART, downtown Oakland, San Francisco, and major corridors including I-580, I-80, I-880, and Highway 24, the property offers exceptional regional accessibility throughout the Bay Area. Positioned near the highly desirable Temescal neighborhood, a rare opportunity to acquire a well-maintained multifamily asset with strong in-place cash flow, excellent upside potential, and long-term appreciation potential.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Fireplace No
Appliance Gas Water Heater
Exterior
Roof Type Shingle
Total Parking Spaces 4
Building
Lot Description Back Yard
Others
Tax ID 009 073801300
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Giuseppe Zumbo Compass #01753412
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION