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Listed by Jonathan Kurniadi • Kurniadi Realty
$ 699,000
Est. payment | /mo
2,838 SqFt
$ 699,000
Est. payment | /mo
2,838 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,838 sqft
Price per Sqft $246
MLS Listing ID 41105896
HOA Y/N No
Year Built 1959
Lot Size 6,650 Sqft
Property Sub-Type Quadruplex
Source CONTRA COSTA
Property Description
Outstanding Investment Opportunity – Centrally Located 4-Plex Near Mills College. Attention investors and savvy buyers! This entry-level priced 4-plex offers strong income potential with a remarkable 7.4 GRM and 10.6% Cap Rate. Located just minutes from Mills College and major transit corridors, this well-situated property features four spacious 2-bedroom, 1-bath units. Two units are currently vacant, presenting immediate upside for owner-occupants or rental income optimization. While the property does need some upgrades and repairs, the solid bones and incredible cash flow potential make this a compelling value-add opportunity. Whether you're expanding your portfolio or diving into multi-family ownership, this is a must-see!
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Unfinished, Carpet
Fireplace No
Appliance Dryer, Washer
Building
Lot Description Sloped Up
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Adam Shoop
Broker Associate at LPT Realty | Lic# 1782227