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Listed by Jatin Mehta, DRE #02045713 • Kite Hill Real Estate
$ 1,485,000
Est. payment | /mo
6 Beds
4 Baths
2,610 SqFt
$ 1,485,000
Est. payment | /mo
6 Beds
4 Baths
2,610 SqFt
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,610 sqft
Price per Sqft $568
MLS Listing ID EB41144567
Bedrooms 6
Year Built 1990
Lot Size 3,000 Sqft
Property Sub-Type Fourplex
Source Bridge MLS
Property Description
To access the marketing package copy/paste: https://bit.ly/kitehillre Introducing 459 Stow Avenue, a rare opportunity to acquire a well-maintained four-unit apartment building in one of Oakland's most desirable neighborhoods. Built in 1990-a rarity in Oakland's multifamily market-the property features an attractive unit mix of (2) two-bedroom/one-bath units and (2) one-bedroom/one-bath units, making it ideal for a broad tenant base. Several units enjoy Lake Merritt views from their bedrooms and private balconies, while residents benefit from four covered parking spaces and on-site coin-operated laundry. The property has been meticulously maintained, with over $110,000 invested in capital improvements, significantly reducing deferred maintenance for future ownership. Recent upgrades include a fully renovated Unit 2 featuring a new kitchen, bathroom, flooring, cabinetry, countertops, and appliances, along with a remodeled Unit 4 bathroom. Additional improvements include new roofs and skylights, new water heaters, dual-pane windows, new fencing, renovated balconies, garage enhancements, and water-efficient fixture upgrades throughout the property, offering investors a truly turnkey asset. Ideally located just blocks from Lake Merritt, Lakeshore Avenue, and Grand Avenue, tenants e
Location
State CA
County Alameda
Area Oakland Zip Code 94606
Interior
Heating Gas
Cooling Other
Flooring Wood
Exterior
Exterior Feature Stucco
Parking Features Detached Garage, Tandem Parking
Garage Spaces 4.0
Roof Type Other
Building
Lot Description Regular
Others
Special Listing Condition New, Not Applicable
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