*AUCTION* This triplex offers an amazing opportunity to live in one home and rent the other two, or rent all three and you can make $11,961 monthly rental income. If you plan on living in one home you can take advantage of Fannie Mae's new rule allowing a minimum 5% down payment. If investing this checks all boxes and it passes the 1% rule, the 50% rule, and is comprised of a remarkable unit mix, consisting of a 5 bed/1 bath plus an additional upstairs laundry room and storage, a spacious 4 bed/ 1.5 bath, and a 2 bed/1 bath on a quiet street in the Meadow Brook neighborhood of Oakland. Recently renovated and reinforced in compliance with permits this property has new electrical, new copper plumbing, double pane windows, new roof, and is low maintenance with a nice tranquil backyard ideal for a communal garden. Individually metered for gas and electricity. Commuter friendly nearby Fruitvale Bart Station, Hwy 580 and 880. Come see this one for yourself!
Sold for $965,000 on 07/29/24
$965,000
2422 E 24th St, Oakland, CA 94601
11beds
4baths
2,364sqft
Triplex
Built in 1902
-- sqft lot
$897,900 Zestimate®
$408/sqft
$2,466 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: July 29, 2024 at 10:51am
Listed by:
Michael S Youssef 01467549 650-212-4010,
Arise Realty 831-747-1441
Bought with:
Remy Fortier, 01804315
eXp Realty of California
Source: MLSListings Inc,MLS#: ML81958343
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 4
Heating
- Central Forced Air
Cooling
- None
Interior area
- Total structure area: 2,364
- Total interior livable area: 2,364 sqft
Property
Parking
- Total spaces: 3
- Parking features: Off Street
- Has carport: Yes
Accessibility
- Accessibility features: Parking
Features
- Stories: 2
Lot
- Size: 4,920 sqft
Details
- Parcel number: 0260783023
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Foundation: Raised
- Roof: Composition, Shingle
Condition
- Year built: 1902
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & neighborhood
Location
- Region: Oakland
Other
Other facts
- Listing agreement: ExclusiveRightToSell
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Estimated market value
$897,900