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$ 699,000
Est. payment | /mo
5 Beds
2,435 SqFt
$ 699,000
Est. payment | /mo
5 Beds
2,435 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,435 sqft
Price per Sqft $287
Subdivision Eastmont
MLS Listing ID 41131633
Bedrooms 5
HOA Y/N No
Year Built 1933
Lot Size 2,960 Sqft
Acres 0.07
Property Sub-Type Triplex
Property Description
Strong, CASH-FLOWING mixed-use opportunity combining two residential units and a corner storefront for diversified, stable income. The retail space is leased to a well-established barber shop with a consistent operating history, providing dependable revenue. The primary residential unit, with frontage on Hillside St, offers ~1,250 sq ft across three levels with 3 bedrooms, 1 bath, an attached garage, dedicated laundry room, and direct access to the backyard - currently rented at close-to-market rate. The second residential unit presently operating as a family day-care (permitted use). The unit features a kitchen, full bath, and a bedroom, opening the door to multiple use scenarios. In-place rents total $6,570/month ($78,840 annually), delivering immediate cash flow (7-8% cap rate!) with additional upside potential. The property is well maintained with sewer lateral compliance certificate and sidewalk cleared for certification. Full inspection reports are available. Positioned with convenient access to I-580, I-880, and public transit, the location connects easily to major employment hubs across Oakland and the broader East Bay. Nearby parks, neighborhood retail, and community services support strong tenant demand and long-term stability. A versatile, income-producing asset with multiple income streams and room to grow. Ideal for investors seeking both performance and flexibility. Shown by appointment. Reach out for disclosures, pro forma, and offering memorandum.
Location
State CA
County Alameda
Rooms
Basement None
Interior
Heating Other
Cooling Other
Flooring Other
Fireplace No
Appliance Dryer, Washer, Gas Water Heater
Laundry Dryer, Washer
Exterior
Exterior Feature Back Yard
Total Parking Spaces 1
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 40337561
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Listed by Ofer Dallal • Keller Williams Realty
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