tomo logo

$1,800,000

Beds
Unknown
sq ft
7,692

4059 Allendale Ave, Oakland, CA 94619

4059 Allendale Ave

Oakland, CA 94619

  • 23 days on market
Prime Oakland Investment Opportunity with Strong Income Potential Don't miss this exceptional multi-unit investment property in Oakland's desirable Allendale neighborhood! This well-maintained, income-generating property offers significant upside potential and is centrally located with easy access to major transportation routes, shopping, and dining. Featuring five spacious units, several of which have been upgraded, this property is in great condition and has a strong rental history with well-established tenants. The complex includes five covered parking stalls and two additional open parking spaces conveniently located in front of Unit 1. An on-site laundry facility provides additional income potential, making this an excellent opportunity for investors looking to expand their portfolio or for those seeking their first investment property. With its prime location, solid tenant base, and multiple revenue streams, this property is a rare find in Oakland’s competitive market. Don’t miss out on this fantastic opportunity!

Details

Property type

Est. home value

$1,434,126

Lot size

8,752 sq ft

Price per sq ft

$235

Year built

1968

HOA

No

Price History

01/30/2025
BridgeMLS

BridgeMLS #41084090

Listed
$1,800,000

Schools & Community

Neighborhood: 

Allendale

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Velocity Commercial Capital Llc

Loan start date

March 2021

Original loan amount

$1,087,500

Est. remaining balance

Not provided

Interest rate

2.73%

Loan type

Commercial

Seller

Silver Cloud Lining Enterprise Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/22/2025 at 8:50 AM

Listing updated: 02/18/2025 at 11:32 AM

Listed by: Steven Leung, Outstanding Investment Co. Phone #: (415) 831-8800

MLS: BridgeMLS #41084090

BridgeMLS logo

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