Company Logo
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Becky Campos
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(831) 444-8500
Mobile Phone:
(831) 818-7607
rcampos969@aol.com

DRE# #00575464
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SOLD
$1,500,000
Date 02/27/2024

541 45th Street
Oakland, CA 94609

Fourplex
Residence
0.1148
Lot Size
Listing Agent: Jennifer Loh CalDRE: 01518364 - LOH Realty & Investments
539-545 45th Street is an incredibly rare opportunity to acquire a pridefully maintained 3,714SF fourplex on a 5,000SF parcel in the heart of one of Oaklands hottest submarkets, Temescal! Located within one half-block of bustling Telegraph Avenue, this income producing asset boasts a 97 WalkScore and 97 BikeScore, with rental demand driven by proximity to award-winning restaurants, retail, MacArthur BART Station, UCSF Benioff Childrens Hospital, transit lines and freeway access. With one 1BD/1BA unit delivered vacant, 539-545 45th features a desirable unit mix of (1) 3BD/1BA; (3) 1BD/1BA. New ownership benefits from Sellers recent investment of over $100,000 in capital improvements and projected Potential Rental Income over $136,000/annually (5.71% cap rate, 11.35 GRM). Whether you are a first-time owner-user or seasoned multifamily investor, 539-545 45th appeals to a broad range of Buyers, offering the ideal combination of steady near-market rents coupled with maximum Day 1 flexibility, future upside, and conversion potential in one of the Citys most desirable submarkets.
41048723
Fourplex, Other
Alameda
1941
0.1148 Acres
Stucco,Wood
Public Sewer
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Data Provided by Onboard
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

Transit Score

Listing Agent: Jennifer Loh CalDRE: 01518364 - LOH Realty & Investments
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