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881 Erie St
Oakland, CA 94610
Immeuble residentiel Propriété À vendre
·
4 Unités


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Faits saillants de l'investissement
- Trader Joe's, Peet's Coffee, Walgreens, and a full slate of neighborhood retail and dining sit just blocks away.
- One garage per unit with automatic openers — a near-impossible amenity to replicate in vintage Oakland multifamily.
- Owner-occupy at ~$2,750/mo market value with hills views and three units offsetting most of the mortgage, or lease at market rate.
Résumé de l'annonce
Vintage 1926 Oakland Fourplex Between Grand & Lakeshore — $362,500/Unit, Owner-Occupier Unit Delivered Vacant with Oakland Hills Views. Spanish-style stucco beauty in one of Oakland's most amenity-rich pockets. Trader Joe's, Peet's, Walgreens, and the Saturday Grand Lake Farmers Market sit just blocks away. Lake Merritt is nearby. Three occupied units throw off $87,672 in annual income while Unit 4 delivers vacant — pick it up at market or move in and take in the serene Oakland Hills views yourself. Four 2BR/1BA units (~910 SF each) with refinished hardwood floors, crown molding, updated kitchens, and stainless appliances. The operational story is just as strong: four private garages (one per unit), 2025 EV-charging sub-panel, separate gas and electric meters per unit, app-to-pay basement laundry, three storage rooms, Schlage keyless entries, Ring cameras, automatic garden watering, 2025 water heater, and 2020 Lennox furnaces. Vintage character, modern systems, real upside. $1,450,000.
TRANSPARENT PRICE. Unit 4 is vacant and can be shown via Calendly.
Contact Joey at joey.wang@loremultifamily.com with questions.
For the offering memorandum and inspection reports, go to https://www.loremultifamily.forsale/
Offers are due on Tuesday, 6/9, at noon.
Disclaimer: The photos in this listing have been digitally enhanced.
TRANSPARENT PRICE. Unit 4 is vacant and can be shown via Calendly.
Contact Joey at joey.wang@loremultifamily.com with questions.
For the offering memorandum and inspection reports, go to https://www.loremultifamily.forsale/
Offers are due on Tuesday, 6/9, at noon.
Disclaimer: The photos in this listing have been digitally enhanced.
Faits sur la propriété
| Prix par unité | 498 423 $ CAD | Classe d’immeuble | C |
| Type de vente | Investissement | Taille du lot | 0,07 AC |
| Taux de capitalisation | 5,50% | Taille du bâtiment | 4 248 pi² |
| Multiplicateur du loyer brut | 10.8 | Occupation moyenne | 75% |
| Nombre d’unités | 4 | Nombre d’étages | 2 |
| Type de propriété | Immeuble residentiel | Année de construction | 1926 |
| Sous-type de propriété | Appartement | Ratio de stationnement | 0,94/1 000 pi² |
| Prix par unité | 498 423 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 5,50% |
| Multiplicateur du loyer brut | 10.8 |
| Nombre d’unités | 4 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Classe d’immeuble | C |
| Taille du lot | 0,07 AC |
| Taille du bâtiment | 4 248 pi² |
| Occupation moyenne | 75% |
| Nombre d’étages | 2 |
| Année de construction | 1926 |
| Ratio de stationnement | 0,94/1 000 pi² |
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 2+1 | 4 | 3 648 $ CAD | 910 |
Impôts fonciers
| Numéro de lot | 011-0840-003-02 | Évaluation des bâtiments | 1 491 832 $ CAD |
| Évaluation du terrain | 639 356 $ CAD | Évaluation totale | 2 131 188 $ CAD |
Impôts fonciers
Numéro de lot
011-0840-003-02
Évaluation du terrain
639 356 $ CAD
Évaluation des bâtiments
1 491 832 $ CAD
Évaluation totale
2 131 188 $ CAD
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