A rarely available 4 unit building ready for new occupants just off College Avenue in the highly desirable Rockridge district. Your steps away from popular Cole Coffee, Yasai market, Wood Tavern, La Farine Bakery, Ver Brugge butcher shop, Vino wine shop, Safeway and more. It's only a few blocks to Rockridge BART and on the AC Transit bus route for easy access to Berkeley or San Francisco, minutes to Trader Joe's, The Elmwood District, Market Hall and many fine restaurants and shops. This earns its 97 "Walker's Paradise" and 94 "Biker's Paradise" scores. Each unit is filled with light with windows on 3 sides, hardwood floors and vintage details throughout. Kitchens have ample cabinetry and doors to a small rear yard. Your living and sleeping spaces are joined by glass paned french doors. Plenty of storage on the ground floor level with soaring ceiling heights invites possibilities for expansion. Projected cap rate of 5%+ in one of the most sought after East Bay Neighborhoods makes this a fabulous investment opportunity.
The median home value in Oakland, CA is $819,500. This is lower than the county median home value of $1,034,400. The national median home value is $338,100. The average price of homes sold in Oakland, CA is $819,500. Approximately 38.35% of Oakland homes are owned, compared to 54.51% rented, while 7.14% are vacant. Oakland real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Oakland real estate agent to arrange a tour today!
Oakland, California 94618 has a population of 437,548. Oakland 94618 is less family-centric than the surrounding county with 28.66% of the households containing married families with children. The county average for households married with children is 36.75%.
The median household income in Oakland, California 94618 is $85,628. The median household income for the surrounding county is $112,017 compared to the national median of $69,021. The median age of people living in Oakland 94618 is 36.9 years.
The average high temperature in July is 71.7 degrees, with an average low temperature in January of 43.7 degrees. The average rainfall is approximately 23.6 inches per year, with 0 inches of snow per year.