Bay Area Logo

540 34th Street, Oakland, CA 94609

9 Bed, 4 Bath Multi-Family Home For Sale

540 34th Street, Oakland, CA 94609 House For Sale - MLS #40776954
Sold
$1,390,000
9
4
Multi-Family
4 Family
This listing is courtesy of Zachary Greenwood from Cbre.

Property Description for 540 34th Street, Oakland, CA 94609

4 large units conveniently located on the border of Oakland's amenity rich Temescal district. The asset was built in 1918 and features a unit mix of 3 large 2 BR, 1 BA units (��1,000 - 1,050 SF) and 1 large 3 BR, 1BA unit (��1,334). All units contain own in-unit washer/dryer and gas water heater. All units feature dual pane windows throughout, hardwood floors throughout, crown molding, baseboards and original character throughout. The property is fully parked as each unit has an assigned off-street parking space. Each unit is also individually metered for gas and electric, and submetered for water, leaving very few operating expenses for the owner. Perfect for Investors, 1031 Exchange Buyers and Owner Occupiers, this property will have the potential for quick capitalization on the properties existing income upside potential. With rents that are roughly 19% below market rate, investors will have the potential to increase the NOI by more than 41%.

Interior Details

Exterior Details

0.15 acres
6,350 sq. ft.
Carport; Covered Parking; Off Street Parking; Parking Area; 1 Parking Space/Unit
1

Other Details

40776954
1918
$6,425
Temescal

Units Description

Unit #1
Living Area: 1,000 sq. ft.      Bedrooms: 2      Full / Half Baths: 1      Rent: $1,944     

Unit #2
Living Area: 1,050 sq. ft.      Bedrooms: 2      Full / Half Baths: 1      Rent: $2,177     

Unit #3
Living Area: 1,334 sq. ft.      Bedrooms: 3      Full / Half Baths: 1      Rent: $2,304     

Unit #4
Living Area: 1,000 sq. ft.      Bedrooms: 2      Full / Half Baths: 1     

Create a free account to see additional details for this home (school information, taxes, exterior details, etc...)

Request more information or Schedule an Appointment

We are dedicated to meeting all your needs in a prompt manner. In most cases, we will call you back the same day or at the most 24 hours. You can also reach us at (415) 364-8880 or email us at sales@bayareaforsale.com.








Create a free account for me

Homes For Sale Near 540 34th Street, Oakland, CA 94609

540 34th Street, Oakland, CA 94609 House For Sale - MLS #40776954 $1,390,000
Multi-Family
9 Bed, 4 Bath
12 Photos
540 34th Street, Oakland, CA 94609 House For Sale - MLS #456764 $1,390,000
Multi-Family
9 Bed, 4 Bath
12 Photos
2904 Martin Luther King Jr Way, Oakland, CA 94609 Home For Sale - MLS #40778278 $695,000
Single Family
4 Bed, 2.5 Bath
25 Photos
863 Macarthur Boulevard, Oakland, CA 94608 Home For Sale - MLS #458688 $799,000
Single Family
5 Bed, 2 Bath
30 Photos
425 28th St Unit 101A, Oakland, CA 94609 Condo For Sale - MLS #40785326 $599,000
Condo
2 Bed, 1 Bath
23 Photos

Listings Similar to 540 34th Street, Oakland, CA 94609

$689,000 3442 School St, Oakland, CA 94602 House For Sale - MLS #40784500
Posted 4 months, 10 days ago

Wonderful Triplex with non-conforming 4th unit. Three extra large 2 bedroom units (over 900 sqft in each unit) and a studio. Recent upgrades include exterior paint, dual pane windows, new main electrical panel, newer hot water heaters, and new garage doors. Nice investment opportunity!


Courtesy of Zachary Greenwood from Cbre


$380,000 5319 Bancroft Ave, Oakland, CA 94601 House For Sale - MLS #40784974
1,604 sq. ft.
Posted 4 months, 10 days ago

OAKLAND DUPLEX IN THE MELROSE/FAIRFAX AREA OFFERS A GREAT OPPORTUNITY FOR YOU TO BECOME AN OWNER OCCUPIED INVESTOR OR ADD TO YOUR INVESTMENT PORTFOLIO. EACH UNIT FEATURES 1 BEDROOM / 1 BATHROOM, HARDWOOD FLOORING, FIREPLACE, LAUNDRY, LONG DRIVEWAY FOR OFF STREET PARKING, AND A SHARED BACKYARD WITH ROOM TO GARDEN AND PLAY. LOCATION NEAR PUBLIC TRANSPORTATION AND WITH CLOSE ACCESS TO 580 & 880...

Read More
Courtesy of Zachary Greenwood from Cbre


$799,000 2120 22nd St, Oakland, CA 94606 House For Sale - MLS #40775080
Posted 4 months, 10 days ago

4 - 2 Bedroom / 1 Bath Units *4 Tandem Parking Spots (8 Total) *Individually Metered for PG&E *Secured Access Entry *Communal Backyard *Upside in Rents *Located in Highland Terrace *Near Pill Hill, Downtown Oakland, Lake Merritt, Fruitvale BART *Local Access to I-580 + 880


Courtesy of Zachary Greenwood from Cbre


$900,000 581 56th, Oakland, CA 94609 House For Sale - MLS #40775383
Posted 4 months, 10 days ago

Property was recently inherited. Square foot to be confirmed independently by buyer or buyer agent. Property legally a duplex but has been used as a Triplex for over 20 years


Courtesy of Zachary Greenwood from Cbre


My Notes

Save Favorites

Keep Notes

Create a free account to track your favorite listings

Mortgage Calculator


(20%)

Monthly Mortgage Payments

$6,314
$8,794

BART> Stations Stops

MacArthur
0.37 miles
19th St Oakland
1.07 miles
12th St Oakland City Center
1.39 miles
Rockridge
1.64 miles
Lake Merritt
1.76 miles

Town Description

Oakland's original inhabitants, the Huchiun tribe of Ohlone Indians lived here before Spanish explorers arrived in 1772. In 1797, Mission San Jose was built south of Oaklan, its lands extending...

Read More