Oakland, CA 94619,3819 Maybelle Ave
$1,900,000
$1,900,000
Est.Price: ?

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7,585 SqFt

3819 Maybelle Ave Oakland, CA 94619

Est. payment /mo
SOLD DATE : 08/30/2024

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Key Details

Sold Price $1,900,000

Property Type Commercial

Sub Type 5 or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 7,585 sqft

Price per Sqft $250

Subdivision Upper Laurel

MLS Listing ID 41059103

Sold Date 08/30/24

HOA Y/N No

Year Built 2005

Lot Size 0.294 Acres

Acres 0.29

Property Description

Tucked away in Upper Laurel, just southwest of Crestmont, is an investment opportunity that’s laden with income ($15,300/month) and dripping in future growth potential: Oakland’s 3819 Maybelle Avenue. This is a large (7,585 sq. ft.), five-unit building (5, 3BR/1.5BA) sitting on a massive 12,800 sq. ft. lot. Each unit is separately metered and in excess of 1,500 sq. ft., following a two-story, townhouse-style layout that includes formal living and dining rooms. Built in 2005, this construction is new enough that 3819 Maybelle Avenue is exempt from rent control—a rare advantage for owners. Shopping and dining options along nearby MacArthur Boulevard make this area popular with renters, as do easy freeway (I-580) and highway access (CA-13). Asking only $1.9MM ($250 sq. ft.), this is an exceptionally unique investment opportunity at a very competitive price.

Location

State CA

County Alameda

Area Listing

Zoning RM-3

Rooms

Basement None

Interior

Heating Forced Air, Natural Gas

Cooling None

Flooring Hardwood, Laminate, Tile, Carpet, Engineered Wood

Fireplace No

Appliance Dryer, Washer, Gas Water Heater

Laundry 220 Volt Outlet, Dryer, In Unit, Washer

Exterior

Utilities Available Individual Electric Meter, Individual Gas Meter

Parking Type Parking Lot, Assigned, On Street, Uncovered Parking Space, Uncovered Park Spaces 2+

Building

Lot Description Level, Paved

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 30192920

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Bridge MLS
Listed by Joey Wang • Keller Williams Realty
Bought with YianLin

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Vid Cotarta

Broker Associate | License ID: 01962807

+1(510) 410-3999

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