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848 Erie St

  • Oakland, CA
  • $950,000

ABOUT

Step into 848 Erie Street, a charming two-story fourplex nestled in the sought-after Grand-Lakeshore neighborhood of Oakland, where opportunity and potential abound for both investors and owner-occupants. This well-maintained property features four spacious 1-bedroom, 1-bathroom units, offering immediate rental income and the unique chance for an owner to live in one unit while enjoying the income from the others. Each unit boasts a private single-car garage and a dedicated rear entrance, ensuring privacy and convenience for all residents. The strong rental demand in this desirable area, combined with significant value-add opportunities, makes this an exceptional investment with incredible upside potential. With its ideal location in one of Oakland's most vibrant and thriving neighborhoods, this property presents an excellent opportunity for those looking to invest in a well-positioned asset, or homeowners seeking a live-in income property with long-term growth potential.
Step into 848 Erie Street, a charming two-story fourplex nestled in the sought-after Grand-Lakeshore neighborhood of Oakland, where opportunity and potential abound for both investors and owner-occupants. This well-maintained property features four spacious 1-bedroom, 1-bathroom units, offering immediate rental income and the unique chance for an owner to live in one unit while enjoying the income from the others. Each unit boasts a private single-car garage and a dedicated rear entrance, ensuring privacy and convenience for all residents. The strong rental demand in this desirable area, combined with significant value-add opportunities, makes this an exceptional investment with incredible upside potential. With its ideal location in one of Oakland's most vibrant and thriving neighborhoods, this property presents an excellent opportunity for those looking to invest in a well-positioned asset, or homeowners seeking a live-in income property with long-term growth potential.
Step into 848 Erie Street, a charming two-story fourplex nestled in the sought-after Grand-Lakeshore neighborhood of Oakland, where opportunity and potential abound for both investors and owner-occupants. This well-maintained property features four spacious 1-bedroom, 1-bathroom units, offering immediate rental income and the unique chance for an owner to live in one unit while enjoying the income from the others. Each unit boasts a private single-car garage and a dedicated rear entrance, ensuring privacy and convenience for all residents. The strong rental demand in this desirable area, combined with significant value-add opportunities, makes this an exceptional investment with incredible upside potential. With its ideal location in one of Oakland's most vibrant and thriving neighborhoods, this property presents an excellent opportunity for those looking to invest in a well-positioned asset, or homeowners seeking a live-in income property with long-term growth potential.
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1924

1924

Year Built

4

4

Total Bedrooms

3,630

3,630

Sq.Ft.

Living Space

5,000

5,000

Sq.Ft.

Lot Size

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01

Interior

Total Bedrooms

4

Laundry room

Other, In Kitchen

Flooring

Hardwood, Laminate, Other

Appliances

Dryer, Washer, Gas Water Heater

Other Interior Features

Tub w/Shower Over
01

Exterior & Building

Utilities

Cable Available, Internet Available, Individual Electric Meter, Individual Gas Meter

Lot Features

Level

Parking

Garage Door Opener, Attached, Space Per Unit - 1

Heat Type

Gravity, Forced Air

Air Conditioning

No Air Conditioning

Security Features

Carbon Monoxide Detector(s), Smoke Detector(s)

Other Exterior Features

See Remarks
01

Lot & Area

Status

Sold

Living Area

3,630 Sq.Ft.

Lot Size

5,000 Sq.Ft.

MLS® ID

41081870

Type

Multi-Family

Year Built

1924

View Description

City

School District

Oakland (510) 879-8111
01

Finance

Sales Price

$950,000

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Shalaya Shipman

EM

Shalaya Shipman

Broker Associate

01444963

My data-driven approach, keen awareness of the market, current and relevant trends, superb negotiation skills, and trusted and respected relationships.

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