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Listed by Jay Flores • The Pinza Group, Inc
$ 3,495,000
Est. payment | /mo
5,620 SqFt
$ 3,495,000
Est. payment | /mo
5,620 SqFt
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,620 sqft
Price per Sqft $621
Subdivision Ashland
MLS Listing ID 41116552
HOA Y/N No
Year Built 1912
Lot Size 1.000 Acres
Property Sub-Type 5 or More Units
Source Bridge AOR
Property Description
https://www.16005mateo.com/ 16005 Mateo St is a unique opportunity for a new or seasoned investor to purchase thirteen cottages in a non rent controlled area of unincorporated Alameda County. Situated on a one acre foot lot the property boasts three 3bd units, eight 1bd units, one 2bd, and one large studio. Many units have been remodeled over the years with new roofs, hardwood floors, dual pane windows, and updated plumbing and electrical. Additionally, each unit comes with one designated off-street parking spot. There is tremendous rental upside which a new owner can capture by merely issuing a 60 day notice of a rent increase. This high density large lot makes this is a prime opportunity for investors looking to add units and grow.
Location
State CA
County Alameda
Interior
Heating Other
Cooling Other
Flooring Other
Fireplace No
Building
Lot Description Other
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Adam Shoop
Broker Associate at LPT Realty | Lic# 1782227