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Kevin Hom
Crystal Florida

128 Catron Dr

$849,999 128 Catron Dr, Oakland, CA 94603
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.
  • For Sale
    Status
  • 1965
    Year Built
  • 3,038 Sq.Ft.
    Living Area

Features & Amenities

Area & Lot

  • Status: For Sale
  • Living Space: 3,038 Sq.Ft.
  • Lot Size: 5,879 Sq.Ft.
  • MLS® ID: 41121191
  • Type: Multi-Family
  • Year Built: 1965
  • School District: Oakland (510) 879-8111

Interior

  • Flooring: Laminate, Tile, Vinyl

Exterior & Building

  • Roof: Shingle
  • Lot Features: Cul-De-Sac
  • Parking: Off Street, Parking Lot
  • Heat Type: Wall Furnace
  • Air Conditioning: No Air Conditioning
  • Sewer: Public Sewer
  • Other Exterior Features: Back Yard

Financial

  • Sales Price: $849,999

128 Catron Dr

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