$975,000
For Sale

776 16th Street

Oakland, CA 94612
Listing OfficeKELLER WILLIAMS TRI VALLEY REALTY
Browse 138 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

HUGE PRICE IMPROVEMENT!!! PRIME LOCATION - $7K PER MONTH CASHFLOW – PLUS IN-LAW: Fantastic opportunity to own an updated property, with Victorian charm, and $7k per month cashflow. Gorgeous and spacious owners unit that can be configured as 3BDR, 2BATH or 4BDR 3BATH using in-law space. Property can potentially be delivered fully vacant. Walking distance to everything (Downtown, BART, Lake Merritt), and feet from the 880 and 980 freeways, making this property a commuter’s dream. The unique and spacious layouts currently includes (1) 3 bedroom, 2 bathroom unit, with attached in-law, and (1) 4 bedroom, 1 bathroom unit. Approximately $150K of significant upgrades within the past 9 years, including but not limited to: new foundation, new roof, some new plumbing, electrical, windows, tankless hot water heaters, and more. Unit 778 was completely renovated with all new major systems and appliances. Rental income for unit 778 includes in-law. Excellent walk, transit, and bike scores! Beautiful and spacious backyard perfect for entertaining. Must see property.

  • Property Details
      • Acres0.0675
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1903
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
  • Community and Neighborhood Details
      • CountyAlameda
  • Financial Details
      • Original List Price$1,050,000
  • Other
      • MLS #41065306

Location

Lynn O'NeilReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

Nearby Listings in 94612