2452 34th Ave
2452 34th Ave Oakland, California 94601 United States

$1,295,000
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Listing Courtesy of MARCUS & MILLICHAP
$1,295,000
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3,725 Sq Ft.
Interior
5,227.2 Acres
Exterior
Residential Income
Property type
1962
Year Built
40977580
Web Id
40977580
MLS ID
Oakland Unified
School District
Open House
Onsite1/216:00 PM - 6:00 PM
9
days ago

About 2452 34th Ave

Peralta Hacienda Apartments is a well-maintained fourplex located at the end of a city-designated "Slow Street" on a quiet cul-de-sac. The building consists of four 2-bed/1-bath units each measuring 930 SF, ideal for work-from-home professionals. Significant value-add opportunity with the potential to convert apartments into 3-bed units and add a fifth unit in unused storage area. The vacant unit offers the option for either an owner move-in or to rent at market rate. The property is generating reliable cash-flow with two Section 8 tenants. 100% rent collection throughout the pandemic. Electric and gas meters are separate and utility expenses are low. The current owner has completed many recent capital improvements including a new roof and three upgraded units. Additional tenant amenities include four off-street parking spaces and leased laundry machines that provide additional income. The property is NOT on the City of Oakland soft-story list.

Listing Courtesy of David Nelson , MARCUS & MILLICHAP

features

cooling
Electric

PROPERTY INFORMATION

Appliances
Dryer, Washer
Cooling
No Air Conditioning
Heating
Electric
Parking Description
Covered, Off Street, Space Per Unit - 1
Water
Public

EXTERIOR

Construction
Stucco
Lot Description
Cul-De-Sac, Level, Landscape Front
Roofing
Tar/Gravel

INTERIOR

Flooring
Laminate
Listing Courtesy of MARCUS & MILLICHAP
Listing Courtesy of MARCUS & MILLICHAP
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