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646 42nd St Oakland, CA 94609
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Key Details
Sold Price $1,240,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 421593192
Sold Date 11/08/21
Bedrooms 4
Full Baths 4
HOA Y/N No
Lot Size 2,879 Sqft
Acres 0.0661
Property Sub-Type Quadruplex
Property Description
Price Improved by $189,888! 646 42nd Street is a vintage 4-plex centrally located in the Longfellow neighborhood of Oakland, CA on the border of the Temescal and just three blocks from the MacArthur BART Station. The 3,298 SF* asset was built in 1922 and is situated on a 2,878 SF* lot at the corner of 42nd Street and Martin Luther King Jr Way. The building features a unit mix of 4 large one-bedroom, one-bathroom units, two of which have been completely renovated with refinished hardwood floors, new kitchen cabinets, granite countertops, and butcher block countertops, subway tile backsplash and shower surrounds, and stainless steel appliances. Additionally, the building exterior was recently painted. The current in-place rents are well below market rate and provide the potential opportunity to increase the NOI by 61%.
Location
State CA
County Alameda
Area Oakland Zip 94609
Rooms
Basement None
Interior
Interior Features Formal Entry
Heating Gas, Wall Furnace, See Remarks
Cooling None, See Remarks
Flooring Carpet, Linoleum, Simulated Wood, Tile, Wood, See Remarks
Fireplace No
Window Features Dual Pane Partial,See Remarks
Appliance Dishwasher, Disposal, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Cooktop, Gas Water Heater, Microwave, Varies By Unit, See Remarks
Exterior
Roof Type Flat
Handicap Access Other, See Remarks
Total Parking Spaces 2
Building
Lot Description Corner Lot, Curb(s), Shape Regular, Sidewalk
Foundation Combination, Concrete Perimeter, Pillar/Post/Pier
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction Yes
Others
Tax ID 0131091057
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