2520 E 24th St

OAKLAND, CA 94601 View Map $1,095,000 Schedule a Tour
Sq.Ft.3,052
Year1908

OWN Real Estate

(650) 280-8888

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Status: Active
Property Type:Triplex
MLS #:ML81952805
Sq. Feet:3,052
On Site:114 Days
Lot Size:7,200 Sq. Ft.
County:Alameda
Discover an exceptional investment in this well maintained Victorian triplex nestled in Oakland's Meadowbrook neighborhood, within the lively Fruitvale District. Preliminary applications to convert non-conforming units into ADUs present a TREMENDOUS OPPORTUNTIY FOR INCREASED INCOME on an already positive cashflow property! All units, recently updated & tenant-occupied, offer contemporary living. The building's tranquil ambiance, set back from the street, is complemented by on-site laundry & off-street parking, in the secure gated lot. A shared backyard enhances tenant enjoyment. . Explore the vibrant Dimond & Laurel districts, easily commute via Hwy 580, bus, or Fruitvale BART. Nearby conveniences include Morgan Plaza, Farmer Joes Market, the Food Mill, Peet's Coffee & Tea, La Farine Bakery, Grand Lake Kitchen, Hacienda Peralta Park, and Manzanita Recreation Center. Embrace this active community with a 73 Walk Score® & 60 Bike Score, accessibility is paramount to this property! Seize your opportunity to capitalize on the potential with a 7.1% CAP and 10.5 Gross Rent Multiplier. This is not just a property; it's your gateway to prosperity in the heart of Oakland's thriving community! DO NOT DISTURB, PLEASE RESPECT TENANTS PRIVACY.

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Community Information

Address:2520 E 24th St, OAKLAND, CA 94601
County:Alameda
City:Oakland
Zip:94601

Architecture

Year Built:1908
Stories:1
Roof: Rolled Composition
Foundation: Raised
Garage / Parking: Common Parking Area, Off-Street Parking

Features / Amenities

Floor: Tile, Vinyl / Linoleum
Safety / Security: Security Fence
Heating: Gas
Cooling: Window / Wall Unit

Rooms

SizeDescription
KitchenCountertop - Stone
LaundryCoin Operated

Property Features

Lot Size: 0.17 Acres / 7,200 Sq. Ft.
Number of Buildings: 1
Water: Public
View: City Lights
Utilities: Public Utilities
Sewer/Septic: Sewer - Public
Zoning:RM-3
Subclass: Triplex
Incorporated: Yes

Tax and Financial Info

Meters: Master Electric, Master Gas, Master Water
Buyer Agency Compensation: 2.00%

Listing Agent/Office

Agent:Lisa Wittkopf
Office:Intero Real Estate Services
Broker Phone:650-464-5426

Schools

WALKING AND TRANSPORTATION

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2520 E 24th St OAKLAND,  CA 94601
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2520 E 24th St OAKLAND, CA 94601
 
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© 2024 MLSListings Inc. All rights reserved. Based on information from MLSListings MLS as of May 22, 2024.

All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.