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

3037 West St, Oakland, CA 94608 Home For Sale - MLS #40786484 $699,000
Single Family
5 Bed, 3 Bath
30 Photos
663 32nd St, Oakland, CA 94609 Home For Sale - MLS #40805202 $799,000
Single Family
4 Bed, 2 Bath
24 Photos
356 Macarthur Blvd, Oakland, CA 94609 Home For Sale - MLS #40791670 $850,000
Single Family
6 Bed, 1 Bath
10 Photos
3328 M L King Jr Way, Oakland, CA 94609 House For Sale - MLS #40803991 $539,000
Multi-Family
2 Bath
10 Photos
853 30th Street, Oakland, CA 94608 House For Sale - MLS #40805858 $699,000
Multi-Family
4 Bed, 4 Bath
20 Photos

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

$1,250,000 816 23rd St, Oakland, CA 94606 House For Sale - MLS #40796203
Posted 10 months, 13 days ago

Excellent income producer. Well maintained property with large lot for possible new improvement.


Courtesy of Zachary Greenwood from Cbre


$240,000 9239 Cherry St, Oakland, CA 94603 House For Sale - MLS #40743203
1,198 sq. ft.
Posted 10 months, 13 days ago

Investment opportunity. Both units rented month to month. Please do not disturb tenants. Open house 6/4 from 1-3pm.


Courtesy of Zachary Greenwood from Cbre


$489,000 1527 88th Ave, Oakland, CA 94621 House For Sale - MLS #40781023
Posted 10 months, 13 days ago

Cashflow, Cashflow, Cashflow! These 2 units are both 3 bedroom 1 bath with numerous upgrades including a spacious converted garage with four extra rooms, washer/dryer hookups, 2 decks and many more upgrades-too many to mention here. 1 unit will be delivered vacant and can be used for the owner-occupied buyer! The seller has already completed the sewer lateral requirement and has the clearance! ...

Read More
Courtesy of Zachary Greenwood from Cbre


$850,000 4019 Brookdale Avenue, Oakland, CA 94619 House For Sale - MLS #464970
2,858 sq. ft.
Posted 10 months, 13 days ago

Awesome 1920's spanish charmer has three separate houses on this humongous lot.conveniently located in Oakland's Allendale neighborhood! The backyard gate opens up to Brookdale Park and Recreation Center. Don't let this one get away. The cabin in the back area of the property is assigned a B rating in the Oakland Cultural Heritage Survey, the city's historic rating system.




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

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