California
Oakland
3242 Hyde St

$634,000

3242 Hyde St, Oakland, CA 94601

Triplex
Built in 1945
6,251sqft lot
—— car garage
$——/sqft
Listed 4 months ago

Property Description

Excellent income/expense profile at this price. 7.1cap rate, 9.8x grm. Unit pictures are of 3242 and then 3240. Large lot and basement storage provides flexible use between the tenants. Basement laundry currently used just by tenants in 3242 but other hookups could be activated. Separate gas, electric and water meters = low landlord expenses. Sewer lateral is in compliance and an engineered seismic retrofit and other structural upgrades complete. Close to Fruitvale/Macarthur shopping (Farmer Joe's, La Farine bakery, Peet's coffee) and easy 580 freeway access.

Listing Status:: Active
Date Added:: February 7, 2025 at 06:00AM
Listing Office:: REALTY ADVOCATES : 510-428-0757
Listing Agent:: Brett Weinstein : 510-867-9883
MLS ID:: 41085115

Appliances: Gas Water Heater
Flooring: Wood
A/C: None
Heating: Floor FurnaceWall Furnace

This listing courtesy of Brett Weinstein, REALTY ADVOCATES

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Manzanita Community

2409 E 27th St, Oakland, CA, 94601

Grades KG-5

0.38 miles away

Life Academy

2101 35th Ave, Oakland, CA, 94601

Grades 6-12

0.30 miles away

Life Academy

2101 35th Ave, Oakland, CA, 94601

Grades 6-12

0.30 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.