Property Description
Four unit mixed-use residential/commercial property +/- 2,240 SF situated on a +/- 3,590 SF lot. Built in 1941 and renovated in 2018, the property consists of two 1 bedroom/1 bathroom units at the upper level with a private patio, and two retail units on the street level. Two residential units will be delivered vacant. Ideal for an owner/ user to live in one unit and have the remaining units rented to cover part of the mortgage. Two retail units are currently occupied providing immediate cash flow for the next owner.
Area Description
The property is located one block from the heart of the Dimond District Shopping area near the intersection of MacArthur Blvd and Lincoln Ave. The Dimond district is a thriving area with many retailer, restaurants, and easy access to freeway I580.
Highlights
Two Residential 1bd/1ba units delivered vacant w/ private yard, laundry, and storage
Two Retail units providing immediate cash flow
Individual gas and electric meters
Near the Heart of Dimond district walking distance to Retail Shops and Restaurants
Zoning RU-5 per city of Oakland”
Aziz Khatri
(510) 368-8347
aziz@kw.com
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