For Sale
$975,000

2118 Linden StOakland, CA 94607

Charming 4-unit apartment building, high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 4-unit apartment building, located at 2118 Linden St, Oakland, CA 94607, presents a compelling investment opportunity. Built in 1890, this 3,159 square foot property sits on a 4,620 square foot lot and offers four one-bedroom, one-bathroom units. Each unit features high ceilings, ornate architectural details, and modern appliances. A shared backyard provides common space, while in-unit washer/dryer hookups and additional storage offer potential for increased rental income. The property also presents the exciting possibility of developing an accessory dwelling unit (ADU) in the basement, further enhancing its income potential. Currently, one unit is vacant, providing an immediate opportunity for an owner-occupant buyer. The asking price is $975,000, representing a price per unit of $243,750 and a price per square foot of $308.64. The property boasts a Net Operating Income (NOI) of $37,657. This West Oakland location offers investors access to a thriving market with significant potential for both income growth and property value appreciation. Offers are reviewed upon receipt.

Property Details for 2118 Linden St

Property type
Apartment buildings
Square Feet
3,159 SF
Year Built
1890
Units
4

Location Insight

City
Oakland
County
Alameda
State
California
Latitude
37.814335
Longitude
-122.281765
2118 Linden St, Oakland, California

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2118 Linden St
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