1608 Myrtle Street
1608 Myrtle Street
$995,000
—
3,970
3,970
$251
Open: 5/5 03:00PM - 04:00PM
Description
Welcome to an outstanding investment opportunity: a lucrative 6-unit property consisting of two structures, strategically situated in the Oak Center neighborhood of West Oakland. Positioned on a corner lot, this property boasts impressive performance with a CAP rate exceeding 8.5%. Each unit is equipped with individual PG&E meters, offering convenience and efficiency for both landlord and tenants. Noteworthy is the exemption from soft-story retrofit requirements and the sewer lateral compliance in...Welcome to an outstanding investment opportunity: a lucrative 6-unit property consisting of two structures, strategically situated in the Oak Center neighborhood of West Oakland. Positioned on a corner lot, this property boasts impressive performance with a CAP rate exceeding 8.5%. Each unit is equipped with individual PG&E meters, offering convenience and efficiency for both landlord and tenants. Noteworthy is the exemption from soft-story retrofit requirements and the sewer lateral compliance in accordance with the City of Oakland's regulations.
- Listed by Marco Barretto • DRE #02078316 • Brokerage DRE #02111757 • Avenue 8 Inc.
- Listed by Zach DeRossette • DRE #EB909285 • Avenue 8 Inc.
Property Details for 1608 Myrtle Street
Parking Features
Carport/Pad, Street, Uncovered, See Remarks
Cross Street16th Street
Total Parking Spaces2
Open Houses
Sunday, May 5th
3:00 PM - 4:00 PM
Location
LISTING UPDATED: 05/04/2024 12:49 PM
Property Details for 1608 Myrtle Street
Status | Active |
---|---|
MLS # | 424027185 |
Days on Compass | 9 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / 5 or More Units |
Year Built | - |
Lot Size | 0.11 AC / 5,000 SF |
County | Alameda County |
Location
Building Information for 1608 Myrtle Street
Stories-Residences6Year Built-Building Size-Lot Size0.11 AC / 5,000 SF
Payment Calculator
$7,025 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1608 Myrtle Street
Property History for 1608 Myrtle Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1608 Myrtle Street
Taxable ValueLand$304,500Additions$708,876Total$1,013,376
Tax Record2023$19,144 ($1,595 / month)
Home Facts
Total Finished SqFt3,970 SqFtAbove Grade Finished SqFt3,970 SqFtStories2Lot Size5,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1919CountyALAMEDAAPN5-384-16
Schools near 1608 Myrtle Street
This home is within Oakland Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Martin Luther King, Jr. Elementary School PublicK to 5 | ||
West Oakland Middle School Public6 to 8 | ||
Mcclymonds High School Public9 to 12 | ||
Francophone Charter School Of Oakland CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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