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Listed by Susan Jones, DRE #01186643 • Coldwell Banker Realty
$1,150,000
Est. payment /mo
16 Beds
3 Baths
3,360 SqFt
New
3512 Magnolia St Oakland, CA 94608
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,360 sqft
Price per Sqft $342
MLS Listing ID EB41153238
Bedrooms 16
Year Built 1889
Lot Size 6,900 Sqft
Property Sub-Type Fourplex
Source Bridge MLS
Property Description
A truly special East Bay investment opportunity, this rare 4-unit property offers an incredible 17 bedrooms, 6 bathrooms and off-street parking for 3 vehicles. Behind its classic exterior are four spacious 4-bedroom residences plus a bonus 1-bedroom, 1-bath unit in the rear, creating exceptional flexibility for investors, multigenerational living or an owner-occupant looking to build long-term wealth. Gas and electric are individually metered, and washer/dryer hookups are available, adding ease and practicality to the property's strong income potential. The property also features mature fruit trees, including fig, persimmon and pear, adding a special touch to the outdoor space. Perfectly positioned near the Emeryville and Longfellow border in Oakland's Clawson neighborhood, you're close to South Berkeley, BART, Temescal, Lake Merritt, Jack London Square and Downtown Oakland, with easy freeway access to San Francisco. With generous unit sizes, strong in-place rents and exciting upside potential, this is the kind of property that doesn't come along often
Location
State CA
County Alameda
Area Oakland Zip Code 94608
Interior
Heating Wall Furnace
Cooling Air Conditioning - None
Flooring Laminate
Laundry Hookup - Washer/Dryer
Exterior
Exterior Feature Stucco
Garage Spaces 4.0
Roof Type Composition
Building
Lot Description Regular
Others
Tax ID 5-477-27
Special Listing Condition New, Not Applicable
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