A converted Victorian that’s now a five-unit (four conforming) multifamily, Oakland’s 1424 E 31st Street is a lucrative investment opportunity for the right buyer trying to build their portfolio. What makes this listing so appealing?—It’s location. The property is directly across from Highland Hospital Medical Campus which means vacancies will be of interest to strong rental candidates such as medical assistants, traveling nurses, physicians, and other specialty medical staff. The four conforming units are all individually metered for water, gas, and electric ensuring maximum convenience from a property management standpoint. It’s also critical to note that three of the units come with their own secured parking spots, and that the building itself features a gated, secure entry—a must-have in any urban environment. Interstate 580 as well as critical retailers such as CVS and Safeway are less than five minutes away, adding to the overall convenience of living at 1424 E 31st Street.
Sold for $1,225,000 on 03/18/23
$1,225,000
1424 E 31st St, Oakland, CA 94602
9beds
6baths
3,635sqft
Quadruplex
Built in 1910
-- sqft lot
$1,078,900 Zestimate®
$337/sqft
$3,505 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: March 18, 2023 at 12:29pm
Listed by:
Joey Wang DRE #01890931 510-592-4244,
Keller Williams Realty
Bought with:
Joey Wang, DRE #01890931
Keller Williams Realty
Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41017325
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
Heating
- Natural Gas, Wall Furnace
Cooling
- No Air Conditioning
Appliances
- Included: Dryer, Washer, Tankless Water Heater
- Laundry: In Unit
Features
- Flooring: Tile, Carpet
- Basement: None
Interior area
- Total structure area: 3,635
- Total interior livable area: 3,635 sqft
Property
Parking
- Parking features: Parking Lot, Uncovered Parking Space, Uncovered Park Spaces 2+
- Has uncovered spaces: Yes
Features
- Exterior features: Entry Gate
Lot
- Size: 5,227 sqft
- Features: Front Yard, Paved, Security Gate
Details
- Parcel number: 2237923
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Frame, Wood Siding
Condition
- Year built: 1910
Utilities & green energy
- Utilities for property: Individual Electric Meter, Individual Gas Meter
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s)
Location
- Region: Oakland
Other
Other facts
- Listing terms: None
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Estimated market value
$1,078,900