1820 96th Avenue in Oakland presents an excellent opportunity for the next investor to have immediate cash flow with significant rental upside. The property consists of five spacious units including a fourplex in the front of the property and a 3bd/2bth detached house in the rear. The fourplex is comprised of two 2bd/1bth units and two 1bd/1bth units. All units have month-to-month tenants with below market rent, offering the next investor the opportunity to raise rents and achieve greater cash flow. The property has a history of little or no vacancies and is currently fully occupied. The property offers ample space for parking and outdoor activities and the rear house has a separate enclosed yard perfect for relaxing or entertaining. Recent upgrades include a new roof, water heaters, interior upgrades, and newer windows. Maintenance is low and all units are separately metered for PG&E with a separate water meter for the back house providing for low annual expenses.The property offers an desirable location with easy access to HWY 580 and HWY 880 with close proximity to Berkeley and San Francisco. There are many neighborhood restaurants, grocery stores, parks, and schools nearby making this a ideal property for an investor or owner-occupant.
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