74 Pearl St, Oakland, CA 94611
- $1,200,000
- 4
- BD
- 3,160
- SqFt
Listed by Jatin Mehta, (510) 878-6800 from Kite Hill Real Estate
(If provided) CoList: from
- List Price
- $1,200,000
- MLS#
- EB41142008
- Status
- ACTIVE
- Sqft. of Residence
- 3,160
- Lot Size
- 5,000
- Listing Area
- Oakland Zip Code 94611
Property Description
To access the marketing package copy/paste: https://bit.ly/kitehillre 74 Pearl Street presents an outstanding opportunity to acquire a fourplex in Oakland's desirable Harrison neighborhood, just minutes from Adams Point, Lake Merritt, Downtown Oakland, and major commuter routes. Surrounded by restaurants, cafés, shopping, and public transportation, the property enjoys a prime location in one of Oakland's most sought-after rental markets. The property consists of four spacious 1-bedroom, 1-bathroom units totaling over 3,200 square feet on a 5,000 square foot lot. Three of the four units have been extensively renovated with new sheetrock, flooring, ceilings, electrical, plumbing, modern kitchens, and beautifully updated bathrooms. Bright, sun-filled interiors, updated finishes, and large floor plans continue to attract quality tenants. Currently 100% occupied, the property offers immediate cash flow at an attractive 6.00% cap rate and 10.77 GRM, making it an excellent opportunity for both owner-occupants and first-time or seasoned investors. Additional features include in-unit washer/dryers, separately metered PG&E paid by tenants, secure gated rear parking with an electronic security gate, and two Tuff Sheds configured into four private storage rooms-one for each unit. With stro
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Additional Information
- Acres
- 0.11
- Cooling System
- Other
- Exterior Features
- Stucco
- Floor Covering
- Wood
- Garage Parking
- Detached Garage, Tandem Parking
- Heating System
- Gas
- Living Area
- 3,160
- Lot Description
- Regular
- Lot Size
- 5,000
- Neighborhood
- Oakland Zip Code 94611
- Numberof Units
- 4
- Roof
- Other
- Unincorporated Yn
- Yes
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