Skip main navigation
Sold for $1,500,000 on 02/27/24
  • $1,500,000

    541 45th St, Oakland, CA 94609

    6beds
    4baths
    3,714sqft
    Quadruplex
    Built in 1941
    -- sqft lot
    $1,431,200 Zestimate®
    $404/sqft
    $3,456 Estimated rent

    Owner options

    List your home for rent

    $3,456/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $3,456/mo

    Rent Zestimate®

    Refinance and save

    $9,561/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $9,561/mo

    Est. payment

    What's special

    539-545 45th Street is an incredibly rare opportunity to acquire a pridefully maintained 3,714±SF fourplex on a 5,000±SF parcel in the heart of one of Oakland’s hottest submarkets, Temescal! Located within one half-block of bustling Telegraph Avenue, this income producing asset boasts a 97 WalkScore and 97 BikeScore, with rental demand driven by proximity to award-winning restaurants, retail, MacArthur BART Station, UCSF Benioff Children’s Hospital, transit lines and freeway access. With one 1BD/1BA unit delivered vacant, 539-545 45th features a desirable unit mix of (1) 3BD/1BA; (3) 1BD/1BA. New ownership benefits from Seller’s recent investment of over $100,000 in capital improvements and projected Potential Rental Income over $136,000/annually (5.71% cap rate, 11.35 GRM). Whether you are a first-time owner-user or seasoned multifamily investor, 539-545 45th appeals to a broad range of Buyers, offering the ideal combination of steady near-market rents coupled with maximum Day 1 flexibility, future upside, and conversion potential in one of the City’s most desirable submarkets.

    Zillow last checked: 8 hours ago

    Listing updated: February 28, 2024 at 02:29am

    Listed by:

    Jennifer Loh 510-219-6125,

    Wellington Property Company

    Bought with:

    Giuseppe Zumbo, DRE #01753412

    Corcoran Icon Properties

    Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41048723MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Heating
    • Electric, Forced Air, Natural Gas, Wall Furnace, See Remarks
    Cooling
    • See Remarks
    Appliances
    • Included: Dryer, Washer
    • Laundry: Coin Operated, Dryer, Washer, See Remarks, Sink
    Features
    • Flooring: Laminate, Partial Carpeting, Tile, Vinyl, See Remarks
    • Basement: None
    Interior area
    • Total structure area: 3,714
    • Total interior livable area: 3,714 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage Door Opener, Attached, Enclosed, Garage, Off Street, Other, Garage Faces Front, Private, Remote, See Remarks
    • Has attached garage: Yes
    Features
    • Exterior features: Back Yard, Side Yard, Other, Entry Gate, Low Maintenance, Private Entrance, See Remarks, Yard Space
    • Fencing: Fenced,Wood
    Lot
    • Size: 4,791 sqft
    • Features: Level, Front Yard, Garden, Security Gate, See Remarks
    Details
    • Parcel number: 13109451
    • Special conditions: Standard
    • Other equipment: See Remarks

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Stucco, Frame, Siding - Stucco
    Condition
    • Year built: 1941

    Utilities & green energy

    • Electric: No Solar
    • Utilities for property: Water/Sewer See Remarks

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Security Fence, Security Gate
    Location
    • Region: Oakland

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange,Call Listing Agent
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,431,200