Sold

3819 Maybelle Ave

Oakland CA, 94619

$1,900,000


$250.49 per sqft

Sold

7,585 sqft

Multi-family

Built in 2005

Tucked away in Upper Laurel, just southwest of Crestmont, is an investment opportunity that's laden with income ($15,300/month) and dripping in future growth potential: Oakland's 3819 Maybelle Avenue. This is a large (7,585 sq. ft.), five-unit building (5, 3BR/1.5BA) sitting on a massive 12,800 sq. ft. lot. Each unit is separately metered and in excess of 1,500 sq. ft., following a two-story, townhouse-style layout that includes formal living and dining rooms. Built in 2005, this construction is new enough that 3819 Maybelle Avenue is exempt from rent control--a rare advantage for owners. Shopping and dining options along nearby MacArthur Boulevard make this area popular with renters, as do easy freeway (I-580) and highway access (CA-13). Asking only $1.9MM ($250 sq. ft.), this is an exceptionally unique investment opportunity at a very competitive price.

41059103

MLS ID

May 9, 2024

Listed

October 10, 2024

Updated

Map

3819 Maybelle Ave
Oakland CA, 94619

Interior Features

Appliances

Dryer, Washer, Gas Water Heater


Laundry Description

220 Volt Outlet, Dryer, In Unit, Washer


Floor Description

Hardwood, Laminate, Tile, Carpet, Engineered Wood


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Lot Size

0.29 Acres


Lot Features

Level, Paved


Sewer

Public Sewer

Other Property Details

Area Name

Oakland


Garage

No


Parking

Parking Lot, Assigned, On Street, Uncovered Parking Space, Uncovered Park Spaces 2


View

No


County

Alameda


Water Source

Public


Pool

No


Zoning

RM-3

Listing History

Date

Event

Price

8/30/2024

Sold

$1,900,000

6/27/2024

Pending

Listed by Joey Wang with Keller Williams Realty
Listing Contact: 510-592-4244 

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