1832 Bridge Ave, Oakland
Oakland Home For Sale
6.0% cap rate and 12.55 GRM on current rent. 1832 Bridge Avenue offers a rare opportunity to purchase four legal condos with strong current income and excellent rental upside. The property was fully renovated 12 years ago, offers 5,408 square feet of living space, and sits on a 9,125 square foot lot spread across two buildings with a common driveway. Each condo unit offers two levels, 3 bedrooms, and 2.5 bathrooms, with 1,352 square feet of living space. All units are fully remodeled with gorgeous kitchens and bathrooms, upgraded electrical and plumbing, newer hardwood floors, double pane windows, stainless steel appliances, granite countertops, custom lightning, and more. The property is easy to manage and is separately metered for PG&E and sub-metered for water, providing for low annual operating expenses. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turn-key investment for the next owner. There is one condo that will be delivered vacant at closing making this perfect for an owner-occupant or investor seeking high market rent. High demand rental location near countless restaurants and shopping options with easy access to BART and other public transportation.
Property Details
Additional Information
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- City:
- Oakland
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- County:
- Alameda
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- Zip:
- 94601
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- MLS® #:
- 41053921
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- Bedrooms:
- 12
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- Bathrooms:
- 12
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- Lot Size:
- 0.21
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- HOA Dues:
- $
Price Change History for 1832 Bridge Ave, Oakland, (MLS® #41053921)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced (from $1,750,000) | $1,675,000 | $75,000 (4.29%) |
Based on information from California Regional Multiple Listing Service, Inc. as of July 18th, 2024 at 2:20am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.