402 E 10Th St, Oakland, CA 94606
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402 E 10Th St, Oakland, CA 94606
402 E 10Th St, Oakland, CA 94606
402 E 10Th St, Oakland, CA 94606
402 E 10Th St, Oakland, CA 94606
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Listed by Joey Wang • Keller Williams Realty
$ 498,000
Est. payment /mo
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Open 6/25 11AM-1PM

402 E 10Th St Oakland, CA 94606

2,732 SqFt


Open House

Thu Jun 25, 11:00am - 1:00pm

Sat Jun 27, 11:00am - 1:00pm

Sun Jun 28, 2:00pm - 4:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,732 sqft

Price per Sqft $182

Subdivision Lake Merritt

MLS Listing ID 41138643

HOA Y/N No

Year Built 1900

Lot Size 2,807 Sqft

Property Sub-Type Quadruplex

Source Bridge AOR

Property Description

This c. 1900 building has spent over a century on East 10th Street watching the neighborhood change around it, and right now it sits directly across from 16,000 Laney College students and nine minutes on foot from Lake Merritt BART. Four 1BD/1BA units, all individually gas-metered, with in-place income of $53,904 against an estimated market of $86,400 — a 60% gap built from three long-tenured month-to-month tenants whose rents have simply never caught up, and a fourth unit sitting vacant and available today. New roof in April 2024, refreshed interiors in several units, and owner-paid utility costs that ran $135 last year. At $498,000 — $182 per square foot, $124,500 per door — the work is priced in and the upside is waiting.

Location

State CA

County Alameda

Interior

Heating None

Cooling No Air Conditioning

Flooring Tile, Vinyl

Fireplace No

Appliance Gas Water Heater

Building

Lot Description Corner Lot, Level, Front Yard, Paved

Water Public

Others

Special Listing Condition Standard


Bay East Association of Realtors
Donny Piwowarski

Donny Piwowarski

Broker | License ID: 01444374

+1(844) 437-4969

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402 E 10Th St