Oakland, CA 94609-2025,541 45th ST
Oakland, CA 94609-2025,541 45th ST
Oakland, CA 94609-2025,541 45th ST
29
$1,500,000
$1,479,000
1.4%
Est.Price: ?

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6 BD
4 BA
3,714 SqFt

541 45th ST Oakland, CA 94609-2025

Est. payment /mo
SOLD DATE : 02/27/2024

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Key Details

Sold Price $1,500,000

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,714 sqft

Price per Sqft $403

MLS Listing ID EB41048723

Sold Date 02/27/24

Bedrooms 6

Originating Board Bridge MLS

Year Built 1941

Lot Size 5,000 Sqft

Property Description

539-545 45th Street is an incredibly rare opportunity to acquire a pridefully maintained 3,714±SF fourplex on a 5,000±SF parcel in the heart of one of Oakland's hottest submarkets, Temescal! Located within one half-block of bustling Telegraph Avenue, this income producing asset boasts a 97 WalkScore and 97 BikeScore, with rental demand driven by proximity to award-winning restaurants, retail, MacArthur BART Station, UCSF Benioff Children's Hospital, transit lines and freeway access. With one 1BD/1BA unit delivered vacant, 539-545 45th features a desirable unit mix of (1) 3BD/1BA; (3) 1BD/1BA. New ownership benefits from Seller's recent investment of over $100,000 in capital improvements and projected Potential Rental Income over $136,000/annually (5.71% cap rate, 11.35 GRM). Whether you are a first-time owner-user or seasoned multifamily investor, 539-545 45th appeals to a broad range of Buyers, offering the ideal combination of steady near-market rents coupled with maximum Day 1 flexibility, future upside, and conversion potential in one of the City's most desirable submarkets.

Location

State CA

County Alameda

Area Other Area

Interior

Heating Forced Air, Gas, Wall Furnace , Electric

Flooring Laminate, Carpet - Partial, Tile, Vinyl, Hardwood

Laundry In Laundry Room, Coin Operated, Washer, Dryer

Exterior

Exterior Feature Stucco, Wood Frame

Garage Attached Garage, Enclosed, Garage, Gate / Door Opener, Off-Street Parking, Other

Garage Spaces 2.0

Roof Type Tile,Composition

Building

Lot Description Grade - Level

Sewer Sewer - Public

Water Public, Heater - Gas

Others

Tax ID 13-1094-51

Special Listing Condition Not Applicable

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MLS Listing IDX PLUS
Listed by Jennifer Loh • LOH Realty & Investments
Bought with Giuseppe Zumbo

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Epique Realty

Company | License ID: DRE01797917

+1(512) 387-0722

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