Active

2422 E 24th Street

Oakland CA, 94601

$999,888


$422.96 per sqft

Active

2,364 sqft

Multi-family

Built in 1902

This triplex offers an amazing opportunity to live in one home and rent the other two, or rent all three and you can make $11,961 monthly rental income. If you plan on living in one home you can take advantage of Fannie Mae's new rule allowing a minimum 5% down payment. If investing this checks all boxes and it passes the 1% rule, the 50% rule, and is comprised of a remarkable unit mix, consisting of a 5 bed/1 bath plus an additional upstairs laundry room and storage, a spacious 4 bed/ 1.5 bath, and a 2 bed/1 bath on a quiet street in the Meadow Brook neighborhood of Oakland. Recently renovated and reinforced in compliance with permits this property has new electrical, new copper plumbing, double pane windows, new roof, and is low maintenance with a nice tranquil backyard ideal for a communal garden. Individually metered for gas and electricity. Commuter friendly nearby Fruitvale Bart Station, Hwy 580 and 880. Come see this one for yourself!

ML81958343

MLS ID

March 20, 2024

Listed

April 22, 2024

Updated

Map

2422 E 24th Street
Oakland CA, 94601

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

No Air Conditioning


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.11 Acres


Roof

Composition Shingles


Sewer

Public Sewer

School Information

School District

Oakland (510) 879-8111

Other Property Details

Area Name

Oakland


Garage

No


View

No


County

Alameda


Water Source

Public


Pool

No


Zoning

R3


Buyer Agency Compensation

2.5%

Listed by Michael S Youssef with Arise Realty
Listing Contact: 650-212-4010 

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