516 Wesley Ave, Oakland, California 94606
  • $1,150,000
  • $1,150,000

Overview

Property ID: 41040596
  • Quadruplex, Residential Income
  • Property Type
  • 1960
  • Year Built

Description

For investors seeking instant cash flow and a place to call home, Oakland’s 516 Wesley Avenue is a fourplex that ticks every box for investors as well as occupants. A corner lot consisting of two, 2BR/2BA and two, 1BR/1BA, this property is located in the immensely popular Cleveland Heights neighborhood—just two blocks from the shores of Lake Merritt. Three of each come with their own dedicated parking (a rarity for the area), and one of the two-bedroom units will be delivered vacant (the other three will remain occupied, generating an instant $4, 850 per month). It should be noted that this unit, which shall be delivered vacant, was recently remodeled and includes an ensuite bathroom. Physical features aside, what really makes this property special is its proximity to everything a resident could want. Trader Joes, Whole Foods, BART, bars, restaurants, entertainment, freeways—they’re all 5 to 8 minutes away. This type of unbeatable lifestyle access ensures any future vacancies will be short-lived.

  • Address: 516 Wesley Ave
  • City: Oakland
  • State/county: CA
  • Zip/Postal Code: 94606

Details

Updated on November 23, 2023 at 1:31 am
  • Property ID 41040596
  • Price $1,150,000
  • Land Area 0.06 Acres
  • Year Built 1960
  • Property Type Quadruplex, Residential Income
  • Property Status Closed

Additional details

  • Sewer Public Sewer
  • Heating Natural Gas, Wall Furnace
  • Flooring Carpet, Laminate, Tile, Vinyl
  • County Alameda
  • Property Type Residential Income
  • Parking Covered, Carport, On Street

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