This turn-key triplex represents an excellent opportunity for investors or End users seeking steady cash flow with minimal maintenance needs.The loan on this property is assumable at a significantly competitive rate of 2.75% compared to the prevailing rate of 6.625%. This represents a unique and valuable opportunity for potential buyers to assume a mortgage at a rate well below current market averages. Meticulously maintained and thoughtfully updated, this triplex property is a remarkable investment opportunity. Following a comprehensive renovation in 2016, this property has been beautifully maintained and modernized. Fresh paint lends a modern, clean look sure to impress prospective tenants and investors alike. units within the triplex have been tastefully renovated, featuring revamped fittings, fixtures, and modern amenities. These updates enhance both comfort and aesthetic appeal for the occupants.. As an additional advantage, each unit is separately metered for both water and PG&E, further increasing the property's investment appeal by reducing utility overheads for the owner. All the hard work has been done - the property stands ready for the new owner to reap the benefits.
Sold for $812,000 on 04/23/24
$812,000
1466 77th Ave, Oakland, CA 94621
--beds
--baths
2,754sqft
Multi Family, Triplex
Built in 1961
-- sqft lot
$773,500 Zestimate®
$295/sqft
$2,577 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: April 24, 2024 at 07:50am
Listed by:
Eric Wanene DRE #01802189 510-776-9875,
Safi Realty
Bought with:
Jennifer Duarte
Winkler Real Estate Group
Source: CCAR,MLS#: 41034702
Facts & features
Interior
Heating
- Wall Furnace
Cooling
- Has cooling: Yes
Features
- Flooring: Laminate, Carpet
Interior area
- Total structure area: 2,754
- Total interior livable area: 2,754 sqft
Property
Parking
- Parking features: Attached, Carport, Off Street
- Has garage: Yes
- Has carport: Yes
Accessibility
- Accessibility features: Other
Features
- Has view: Yes
- View description: Other
Lot
- Size: 4,356 sqft
- Features: Back Yard
Details
- Parcel number: 40335566
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Triplex
- Attached to another structure: Yes
Materials
- Stucco
- Roof: Other
Condition
- Year built: 1961
Community & neighborhood
Location
- Region: Oakland
HOA & financial
Other financial information
- Total actual rent: 3000
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Estimated market value
$773,500