Bought with Karen Mulcahy • Corcoran Global Living
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489 48th Street Oakland, CA 94609
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Key Details
Sold Price $1,650,000
Property Type Commercial
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,622 sqft
Price per Sqft $455
Subdivision Temescal
MLS Listing ID 40917007
Sold Date 12/04/20
HOA Y/N No
Originating Board QUATTRO San Francisco
Year Built 1947
Lot Size 7,500 Sqft
Property Sub-Type 5 or More Units
Property Description
For sale five (5) unit plus one (1) non-conforming unit multi-family investment located at 489 48th Street Oakland, CA. There are two structures on the property: a two story four unit structure at the front of the property constructed of wood frame and stucco on a raised foundation built in 1947. In addition, there is an additional single family residence at the back of the property with separate entrances for the upstairs and downstairs. The downstairs unit can be rented out and is the non-conforming unit. The total square footage is 3,662 on a 7,500-square foot lot. Located just steps from bustling Telegraph Avenue, this property provides an investor or owner-occupier an extremely rare opportunity to own an income property with tremendous upside with the two (one non-conforming) units will be delivered vacant. The property boasts a Walk Score of 98.
Location
State CA
County Alameda
Interior
Heating Electric
Cooling Ceiling Fan(s)
Flooring Concrete, Hardwood, Tile, Carpet
Fireplace No
Window Features Window Coverings
Appliance Gas Water Heater
Building
Lot Description 2 Houses / 1 Lot, Level, Premium Lot, Paved
Water Public
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