2422 24th Street, Oakland

$999,888

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11 Beds
0 Bath
2,364 Sqft
.11 Acre
0 Garage

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!

Essential Information

MLS® #
ML81958343
Price
$999,888
Bedrooms
11
Bathrooms
0.00
Square Footage
2,364
Acres
0.11
Year Built
1902
Type
Residential Income
Sub-Type
Triplex
Status
Active

Community Information

Address
2422 24th Street
City
Oakland
County
Alameda
Zip Code
94601
Senior Community
N

Amenities

Parking Spaces
3
Parking
Off Street
Garages
Off Street

Interior

Heating
Central
Cooling
None
# of Stories
2

Exterior

Roof
Composition, Shingle

School Information

District
Other

Additional Information

Date Listed
March 20th, 2024
Days on Market
43
Zoning
R3

Listing Details

Agent
Michael S Youssef
Office
Arise Realty

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Based on information from California Regional Multiple Listing Service, Inc. as of May 2nd, 2024 at 9:25pm 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.