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.
Property Details
Price:
$995,000
MLS #:
41081870
Status:
Active
Baths:
0
Address:
848 Erie St
Type:
Residential Income
Subtype:
Quadruplex
Subdivision:
LAKESHORE/GRAND
City:
Oakland
Listed Date:
Jan 8, 2025
State:
CA
ZIP:
94610
Lot Size:
5,000 sqft / 0.11 acres (approx)
Year Built:
1924
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Gas Water Heater
Flooring
Wood, Laminate
Heating
Gravity, Forced Air
Exterior
Lot Features
Level with Street
Parking Features
Garage, Garage Door Opener
Parking Spots
4.00
Roof
Shingle
Sewer
Public Sewer
Financial
Association Fee
0.00
Tenant Pays
Gas
Map
Community
- Address848 Erie St Oakland CA
- SubdivisionLAKESHORE/GRAND
- CityOakland
- CountyAlameda
- Zip Code94610
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848 Erie St
Oakland, CA
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