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Key Details
Sold Price $1,400,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 40949954
Sold Date 08/18/21
HOA Y/N No
Year Built 1960
Lot Size 3,920 Sqft
Property Description
Seated in the heart of Oakland’s immensely popular Cleveland Heights neighborhood (and just a five-minute stroll from the shores of Lake Merritt) is 498 Capital Street—a robust, 4,500 sq. ft. multifamily property that’s looking for a new owner for the first time in nearly 50 years. Many things make this investment opportunity special, including the fact it comes with unparalleled ADU potential; it’s surrounded by greenspaces (including the Oakland Estuary); the largest unit will be delivered vacant making it perfect for an owner-occupy investor; and each unit comes with its own garage. In terms of layout, the building is separated into five units; four 1Bd/1ba units and one 3Bd/2ba unit which will be delivered vacant, an ideal residence for an owner-occupy investor.
Location
State CA
County Alameda
Interior
Heating Forced Air
Cooling None
Fireplace No
Appliance Gas Water Heater
Exterior
View Y/N Yes
View Hills
Building
Lot Description Sloped Up
Others
Tax ID 2341712
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Bought with OUT OF AREA OUT • OUT OF AREA - NON MEMBER