CA > Oakland
Oakland, CA 94601,5400 Princeton ST
Oakland, CA 94601,5400 Princeton ST
Oakland, CA 94601,5400 Princeton ST
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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660
Listed by Marco Barretto Compass
$725,000
Est. payment /mo
8 Beds
4 Baths
3,718 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,718 sqft

Price per Sqft $194

MLS Listing ID 425090988

Bedrooms 8

Full Baths 4

HOA Y/N No

Year Built 1935

Lot Size 6,000 Sqft

Acres 0.1377

Property Sub-Type Quadruplex

Property Description

Discover a great value add opportunity at 5400 Princeton Street, a rare four unit property on a prominent corner lot in Oakland. The property includes two detached duplexes on one lot. Each unit has spacious two bedroom, one bath layouts that offer steady cash flow today and strong appreciation potential over time. One unit has been fully remodeled with new flooring, new bathroom, a brand new kitchen, new windows, and fresh interior paint. It is ready to be leased at a true market rent. Both buildings also have new exterior paint. The other three units are occupied by long time tenants on month to month agreements and are paying well below market rent, creating significant upside for a new owner. These units will need some TLC, but that is where the opportunity really is. This is one of the best valued fourplex values in the area. Properties at this price point are extremely hard to find. With new ownership and strategic management, 5400 Princeton Street has tremendous potential for any investor. Reach out for more information on special financing.

Location

State CA

County Alameda

Area Oakland Zip 94601

Interior

Fireplace No

Appliance Gas Cooktop, Microwave

Exterior

Total Parking Spaces 2

Building

Lot Description Corner Lot

Story 2

Level or Stories Two

New Construction No

Others

Tax ID 35239217

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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660

Agent | DRE01254724 / 01254725

Agent DRE01254724 / 01254725

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