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$ 498,000
Est. payment /mo
Active
402 E 10Th St Oakland, CA 94606
3 Beds
2,732 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,732 sqft
Price per Sqft $182
Subdivision Lake Merritt
MLS Listing ID 41138643
Bedrooms 3
HOA Y/N No
Year Built 1900
Lot Size 2,807 Sqft
Acres 0.06
Property Sub-Type Quadruplex
Property Description
This c. 1900 building has spent over a century on East 10th Street watching the neighborhood change around it, and right now it sits directly across from 16,000 Laney College students and nine minutes on foot from Lake Merritt BART. Four 1BD/1BA units, all individually gas-metered, with in-place income of $53,904 against an estimated market of $86,400 — a 60% gap built from three long-tenured month-to-month tenants whose rents have simply never caught up, and a fourth unit sitting vacant and available today. New roof in April 2024, refreshed interiors in several units, and owner-paid utility costs that ran $135 last year. At $498,000 — $182 per square foot, $124,500 per door — the work is priced in and the upside is waiting.
Location
State CA
County Alameda
Zoning HBX-2
Rooms
Basement Unfinished
Interior
Heating None
Cooling No Air Conditioning
Flooring Tile, Vinyl
Fireplace No
Appliance Gas Water Heater
Exterior
Exterior Feature Front Yard
Building
Lot Description Corner Lot, Level, Front Yard, Paved
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 19229
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Listed by Joey Wang • Keller Williams Realty