Property Detail

Description

Magnify Equity is pleased to present an excellent investment opportunity in Oaklands vibrant Temescal neighborhood. Built in 1987, this single-story fourplex features three 2BD/1BA units and one 3BD/1BA unit, with several updated kitchens and bathrooms. The property is not subject to the City of Oaklands Rent Adjustment Ordinance (buyer to verify) due to it's year of construction. Additional features include separate water submeters with tenant utility bill-backs and a private patio for one of the units. Ideally located directly across from the Temescal shopping center and within walking distance of Telegraph Avenues popular shops, restaurants, and neighborhood amenities, the property also offers convenient access to Highway 24. This is an attractive opportunity to acquire a well-located multifamily asset in one of North Oaklands established neighborhoods.