558 58Th St Oakland, CA 94609
Well-maintained 7-bed, 5-bath building generating $8,699.99 monthly income.
Property size:
3,916 SFProperty Features for 558 58Th St
General Information
- Standard status
- Active
- Size
- 3,916 SF
Building Details
- Year built
- 1940
Source:
Corcoran
Listing Agency: RED OAK REALTY Listing Agent: Kevin Cunningham
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Oakland Multifamily Investment Opportunity
This massive, well-maintained building features 7 beds and 5 baths. Located on a tree-lined street, it offers convenient access to Oakland and Berkeley. The property currently generates $8,699.99 per month from four occupied units, including two 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units. A 1-bedroom/1-bathroom unit is suitable for an owner-occupant or for maximizing market rent. Updates have been made to the tenant-occupied units. On-site parking is available for every unit, with one additional bonus parking space. The property also includes on-site laundry facilities. The owner-occupant-ready unit retains original features such as a box-beam ceiling in the dining room and hardwood floors. Double-pane windows provide natural light. The unit also features a spacious kitchen. The property provides easy access to Rockridge and UC Berkeley. A large unfinished basement offers an opportunity for expansion and increased value. The building has a total size of 3916 square feet.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Alameda
- State
- California
- Longitude
- -122.2632777
- Latitude
- 37.8440102
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FAQs
What type of property is this?
Apartment building - Well-maintained 7-bed, 5-bath building generating $8,699.99 monthly income.
Where is this apartment building located?
The property is located at 558 58Th St Oakland, CA.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: - High income-generating property: Currently producing $8,699.99/month.; - Owner-occupant potential: Includes a move-in ready 1/1 unit.; - On-site parking: Provides parking for every unit plus one additional space.
