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$ 995,000
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Open Sat 2PM-4:30PM
3601 Lincoln Ave Oakland, CA 94602
4,530 Sqft Lot
Open House
Sat May 02, 2:00pm - 4:30pm
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision Dimond District
MLS Listing ID 41127422
HOA Y/N No
Year Built 1969
Lot Size 4,530 Sqft
Property Sub-Type Triplex
Property Description
To access the marketing package copy/paste: https://bit.ly/kitehillre | 3601 Lincoln Avenue presents an attractive triplex investment opportunity located in Oakland's desirable Lower Dimond neighborhood. Situated on a prominent corner lot, the property offers strong curb appeal, excellent natural light, and convenient neighborhood access. The property features an excellent unit mix of one spacious 3-bedroom, 2-bath unit and two large 2-bedroom, 1-bath units, providing layouts that are highly desirable for Oakland renters. One 2-bedroom, 1-bath unit will be delivered vacant and features an open floor plan and private balcony, making it ideal for an owner-occupant or for an investor seeking to capture market rent. Currently, the two occupied units generate over $4,300 per month in rental income, with additional upside potential. The property also benefits from three garages, coin-operated laundry, and a private yard for the 3-bedroom unit, offering amenities that enhance tenant appeal. Offered at under $1,000,000, 3601 Lincoln Avenue represents a compelling opportunity for both investors seeking rental upside and owner-users looking to live in one unit while generating income from the others.
Location
State CA
County Alameda
Interior
Heating Natural Gas
Cooling See Remarks
Flooring Wood
Fireplace No
Exterior
Parking Features Garage
Total Parking Spaces 3
Building
Sewer Public Sewer
Others
Tax ID 29A13035
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Listed by Jatin Mehta Kite Hill Real Estate #02045713
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