Oakland, CA 94603,128 Catron Dr
Oakland, CA 94603,128 Catron Dr
Oakland, CA 94603,128 Catron Dr
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Listed by Kevin Jacky Hom • Compass
$849,999
Est. payment /mo
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6 Beds
4 Baths
3,038 SqFt
Active

128 Catron Dr Oakland, CA 94603

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,038 sqft

Price per Sqft $279

MLS Listing ID BE41121191

Bedrooms 6

Year Built 1965

Lot Size 5,879 Sqft

Property Sub-Type Fourplex

Source Bay East

Property Description

Welcome to this exceptional 4-plex located just minutes away from the bustling Oakland Airport! This well-maintained property is a remarkable investment opportunity, offering low expenses and significant recent capital improvements. Each unit provides comfortable living spaces with modern amenities, ensuring tenant satisfaction and long-term occupancy. The property features a versatile unit mix, catering to a variety of tenant needs with two units delivered vacant. Inside, each unit is designed for functionality and comfort, with spacious layouts that include bright living areas, fully equipped kitchens, and generous bedroom sizes. Financially, this property stands out with an estimated total rental income of $8,350 per month. It boasts a Gross Rent Multiplier (GRM) of 8.98 and a cap rate of 7.24%, making it an attractive option for both investors looking to invest in Oakland's robust housing market or owner-occupants looking to house-hack and reduce housing costs. With its low maintenance costs due to recent upgrades and market rents, this property promises a steady and profitable rental income.

Location

State CA

County Alameda

Area Oakland Zip Code 94603

Interior

Heating Wall Furnace

Cooling Air Conditioning - None

Flooring Laminate, Tile, Vinyl

Laundry None

Exterior

Exterior Feature Stucco

Parking Features Off-Street Parking, Parking Area

Garage Spaces 8.0

Building

Sewer Sewer - Public

Others

Tax ID 455-419-422

Special Listing Condition Not Applicable


MLS Listing IDX PLUS

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 8

    James Madison Elementary

    Public | KG - 5

  • 6

    Aspire Monarch Academy

    Public | KG - 5

  • 6

    Roosevelt Elementary

    Public | KG - 5

  • 5

    Greenleaf K-8 School

    Public | KG - 8

  • 5

    Woodrow Wilson Elementary

    Public | KG - 5

  • 5

    James Monroe Elementary

    Public | KG - 5

  • 4

    Lighthouse Community Charter

    Public | KG - 8

  • 4

    Acorn Woodland Elementary School

    Public | PK - 5

  • 4

    Esperanza Elementary School

    Public | KG - 5

  • 4

    Washington Elementary

    Public | KG - 5

  • 4

    Dayton Elementary School

    Public | KG - 5

  • 4

    Corvallis Elementary School

    Public | KG - 5

  • 4

    Grant Elementary School

    Public | KG - 5

  • 3

    Garfield Elementary

    Public | KG - 5

  • 3

    Jefferson Elementary

    Public | KG - 5

  • 2

    EnCompass Academy

    Public | KG - 5

  • 2

    Madison Park Academy

    Public | KG - 5

  • 2

    East Oakland Pride Elementary School

    Public | KG - 5

  • 2

    Fred T. Korematsu Discovery Academy

    Public | KG - 5

  • 2

    Aspire College Academy

    Public | KG - 5

Middle Schools 13
  • 8

    Aspire Lionel Wilson College Preparatory Academy

    Public | 6 - 12

  • 5

    Aspire Golden State College Preparatory Academy

    Public | 6 - 12

  • 5

    Bay Area Technology

    Public | 6 - 12

  • 4

    Coliseum College Prep Academy

    Public | 6 - 12

  • 4

    Madison Park Academy

    Public | 6 - 12

  • 4

    John Muir Middle

    Public | 6 - 8

  • 4

    Washington Manor Middle School

    Public | 6 - 8

  • 1

    Roots International Academy

    Public | 6 - 8

  • 1

    Elmhurst Community Prep

    Public | 6 - 8

  • 1

    Alliance Academy

    Public | 6 - 8

  • 1

    Bancroft Middle

    Public | 6 - 8

  • 0

    Hillside Academy

    Public | 6 - 12

  • 0

    Stars High School

    Private | 7 - 12

High Schools 8
  • 8

    Lighthouse Community Charter High School

    Public | 9 - 12

  • 7

    Arroyo High School

    Public | 9 - 12

  • 6

    Lps Oakland R & D Campus

    Public | 9 - 12

  • 4

    San Leandro High

    Public | 9 - 12

  • 1

    Castlemont High School

    Public | 9 - 12

  • 1

    Rudsdale Continuation

    Public | 9 - 12

  • 0

    Lincoln High (Continuation)

    Public | 9 - 12

  • 0

    Bishop O Dowd High School

    Private | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Madhu Sarkar

Madhu Sarkar

DRE# 01702931 | License ID: 01702931

+1(650) 504-7768

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128 Catron Dr