558 58th St

Oakland , CA 94609

MLS#: 41116685

$1,450,000

Status: Active
Listing number: 41116685
Listing provided by: Red Oak Realty
Listing agent phone: None
Last update: 7 hours ago
New on site 1 day ago
Browse Properties
IDORA PARK - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1940

Sq.Footage

N/A

Massive, well-maintained building on a beautiful, tree-lined street in close proximity to the best of Oakland and Berkeley. Already generating $8,699.99 per month in income from the four occupied units, with an amazing vacant unit ideal for an owner-occupant or for maximizing market rent.* This is not your typical rental with lots of updates to the tenant-occupied units, on-site parking for every unit, plus one bonus parking space, and on-site laundry. The vacant unit has well-preserved charm with a box-beam ceiling in the dining room, hardwood floors, as well as tons of double-pane windows flooding it with natural light. An extremely spacious kitchen also contributes to the feeling of abundant space and potential; you really have to see it to appreciate it. Easy access to Rockridge, UC Berkeley, the 24, Bushrod Park, and so much more. Large unfinished basement provides an exciting opportunity to expand on the building's value with whatever creative ideas you bring to the table. Photos of tenant-occupied units available upon request. Please respect tenants' privacy and do not disturb them during the marketing period. Happy to arrange access once we are in contract. At $290k per unit, this extraordinary value is waiting for the next phase in its journey. Buyer to investigate.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    See Remarks

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    See Remarks

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.1553

  • Property Type

    Residential Income

Price

  • Sales Price

    $1,450,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

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Location

County

Alameda

Elementary School

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Listing Courtesy of Kevin Cunningham , Red Oak Realty

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Massive, well-maintained building on a beautiful, tree-lined street in close proximity to the best of Oakland and Berkeley. Already generating $8,699.99 per month in income from the four occupied units, with an amazing vacant unit ideal for an owner-occupant or for maximizing market rent.* This is not your typical rental with lots of updates to the tenant-occupied units, on-site parking for every unit, plus one bonus parking space, and on-site laundry. The vacant unit has well-preserved charm with a box-beam ceiling in the dining room, hardwood floors, as well as tons of double-pane windows flooding it with natural light. An extremely spacious kitchen also contributes to the feeling of abundant space and potential; you really have to see it to appreciate it. Easy access to Rockridge, UC Berkeley, the 24, Bushrod Park, and so much more. Large unfinished basement provides an exciting opportunity to expand on the building's value with whatever creative ideas you bring to the table. Photos of tenant-occupied units available upon request. Please respect tenants' privacy and do not disturb them during the marketing period. Happy to arrange access once we are in contract. At $290k per unit, this extraordinary value is waiting for the next phase in its journey. Buyer to investigate.

558 58th St

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