$899,000
$899,000
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3,750 Sqft Lot
SOLD DATE : 06/25/2025
Key Details
Sold Price $899,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 41091723
Sold Date 06/25/25
HOA Y/N No
Year Built 1923
Lot Size 3,750 Sqft
Property Sub-Type Triplex
Property Description
Introducing Oakland's 518 E 18th Street—the perfect starter home for any buyer who wants to pair their first residence with a stable source of rental income. This 3,332 sq. ft., 3-unit building is divided between two 1BR/1BA units and a sizable commercial space. The commercial space and one of the units will be delivered occupied, while the third unit (a rear-facing 1BR) will be delivered vacant. This arrangement will provide the new owner with a quiet, spacious place to live as well as an immediate cash flow of $5,189 per month. This property enjoys lush garden space, a shared laundry room, secured entry, and dedicated parking. Originally built in the 1920s, it also benefits from classic design elements such as wood trim finishes and built-in storage. Multiple AC Transit stops and a BART station (Lake Merritt) are all located within a 1-mile radius of this listing for commuting ease. It is also near Kaiser Permanente, Highland Hospital, Alta Bates, Children's Hospital, and Laney College.
Location
State CA
County Alameda
Interior
Flooring Tile, Wood
Fireplace No
Appliance Dryer, Washer
Exterior
Roof Type Tar/Gravel
Total Parking Spaces 2
Building
Lot Description Back Yard
Sewer Public Sewer
Others
Tax ID 2123114
Financing VA
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Bought with Sophie Holman Twin Oaks Real Estate INC
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Broker Associate | License ID: 02090487