1914 51st AVE, Oakland, CA 94601
1914 51st AVE, Oakland, CA 94601
1914 51st AVE, Oakland, CA 94601
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Steven Gary

Steven Gary

+1(408) 644-3287
Listed by Joe Velasco • Coldwell Banker Realty, DRE#01309200
$999,000
Est. payment /mo
9 Beds
4 Baths
4,303 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiple Dwellings / Structures

Listing Status Active

Purchase Type For Sale

Square Footage 4,303 sqft

Price per Sqft $232

MLS Listing ID ML82051140

Bedrooms 9

Full Baths 4

Year Built 1924

Lot Size 10,189 Sqft

Property Sub-Type Multiple Dwellings / Structures

Property Description

Exceptional investment opportunity featuring five residential units on one parcel, with four units currently occupied and one fully renovated unit vacant and ready for immediate occupancy or lease-up. Ownership has invested approximately $200,000 in capital improvements and renovations over the past six years, significantly enhancing the property's condition and long-term value. Major upgrades include a newer roof on the main building (approximately one year old), extensive stucco repairs, newer copper plumbing, four newer water heaters, and mostly newer dual-pane windows throughout the property. Units have been remodeled and updated as needed over time, including wall, ceiling, and sheetrock improvements. The property offers a desirable unit mix with strong in-place rental income and additional upside through the vacant unit. Two garages are scheduled to be delivered vacant at close of escrow, providing flexibility for owner use, tenant amenities, or potential additional income opportunities. A well-maintained asset with substantial recent improvements, stable occupancy, and future income potential, this property presents an attractive opportunity for both investors and owner-users seeking long-term value.

Location

State CA

County Alameda

Zoning Multi-Res

Interior

Heating Wall Furnace

Cooling None

Exterior

Parking Features Detached Garage, On Street

Garage Spaces 3.0

Utilities Available Public Utilities

Roof Type Composition

Building

Story 2

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Level or Stories 2

Others

Tax ID 035-2381-025

Security Features None

Horse Property No

Special Listing Condition Not Applicable

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Steven Gary

Steven Gary

+1(408) 644-3287

Realtor | License ID: 01895061

Realtor License ID: 01895061

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1914 51st AVE

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