Active
2638 14th Avenue
Oakland CA, 94606
$950,000
Active
7 Beds
6 Baths
Multi-family
Built in 1928
Introducing a prime investment opportunity in Oakland, CA. This historic, 3,138 SF property, built in 1928, offers four units. One unit has recently become vacant making it a unique Owner Occupied income property opportunity. Zoned R50, this multifamily low-rise/garden property presents a solid foundation for expansion and future value add opportunities. Consistently maintained and thoughtfully designed, each unit boasts full amenities while preserving the property's timeless charm. With a commitment to excellence and a proven track record of occupancy, this property is a sound addition to any investor's portfolio. Don't miss the chance to acquire this lucrative asset in the heart of Oakland. Property Highlights - 100% occupancy with regular paying tenants - Solid cap rate of 6.8% at asking price - Central location in Oakland - Strong rental market - Built in 1928, maintaining historic charm - 3,138 SF building with 4 units - Zoned R50, offering potential for expansion - Diverse neighborhood - Strong proximity to hospitals, schools, and employers - Close to favored dining and drinking establishments - Access to parks, trails, and Lake Merritt
424036774
MLSⓇ ID
May 29, 2024
Listed
February 20, 2025
Updated
Interior Features
Total Stories
2
Bedrooms
7
Total Bathrooms
6
Full Bathrooms
5
Interior Features
Storage
Appliances
Disposal, Free-Standing Refrigerator, Gas Water Heater, Microwave, Varies By Unit
Floor Description
Carpet, Laminate, Linoleum, Simulated Wood, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fan(s)
Heating
Yes
Heating Description
Central, Radiant
Basement
Yes
Exterior/Building Features
Exterior Features
Yard Space
Lot Features
Curb(s), Curbs/Gutters, Garden, Landscaped, Shape Regular, Sidewalk
Architectural Style
Edwardian, French Normandy, Mediterranean
Roof
Tar/Gravel
Sewer
Public Sewer, Sewer Connected Paid
Patio And Porch
Balcony/Deck, Covered
Window
Skylight(s)
School Information
School District
Alameda
Other Property Details
Area Name
Oakland Zip 94606
Days on Market
80
Accessibility
None
Garage
Yes
Parking
Garage, Uncovered
Parking Total
4
View
Yes
View Description
City, City Lights, Hills, Panoramic
County
Alameda
Water Source
Meter on Site, Meter Paid, Water District
Utilities
Sewer Connected, Dish Antenna
Listed by Mike Duong Duong with eXp Realty of California, Inc
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS, but is not warranted. Data last updated on 2/20/2025.
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Data last updated 7:50 PM UTC, 2/20/2025