$1,060,000
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When it comes to investing in Oakland’s multifamily market, an opportunity to buy in Trestle Glen for half the average price is too good to pass up. Offered at $1.06MM (a mere $359 per sq. ft.), 3608 Kingsley Street is a four-unit (4, 1BR/1BA), Victorian-era property that’s ready for a new owner. A corner lot situated along the sun-soaked intersection of Kingsley and Chatham, this investment will be delivered partially occupied (three units), providing the new owners with an instant revenue stream. The other units will afford the new owners with the rare opportunity to create their own lease terms and handpick their own tenants from the applicant pool. Speaking of tenants, nearby Lakeshore Avenue offers occupants exceptional shopping and dining options, while nearby Highland Hospital acts as the immediate area’s biggest employer. Enjoying the outdoors is made easy thanks to the property’s large yard as well as nearby Diamond Park, a mere 12-minute bike ride away.
Based on information from California Regional Multiple Listing Service, Inc. as of May 16th, 2024 at 11:45pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.