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Patricia Beattie

patricia@brivio.com +1(415) 286-8292

$1,485,000

Est. payment - /mo

3,001 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision San Antonio

MLS Listing ID 41144567

HOA Y/N No

Year Built 1990

Lot Size 3,001 Sqft

Property Sub-Type Quadruplex

Property Description

To access the marketing package copy/paste: https://bit.ly/kitehillre Introducing 459 Stow Avenue, a rare opportunity to acquire a well-maintained four-unit apartment building in one of Oakland's most desirable neighborhoods. Built in 1990—a rarity in Oakland's multifamily market—the property features an attractive unit mix of (2) two-bedroom/one-bath units and (2) one-bedroom/one-bath units, making it ideal for a broad tenant base. Several units enjoy Lake Merritt views from their bedrooms and private balconies, while residents benefit from four covered parking spaces and on-site coin-operated laundry. The property has been meticulously maintained, with over $110,000 invested in capital improvements, significantly reducing deferred maintenance for future ownership. Recent upgrades include a fully renovated Unit 2 featuring a new kitchen, bathroom, flooring, cabinetry, countertops, and appliances, along with a remodeled Unit 4 bathroom. Additional improvements include new roofs and skylights, new water heaters, dual-pane windows, new fencing, renovated balconies, garage enhancements, and water-efficient fixture upgrades throughout the property, offering investors a truly turnkey asset. Ideally located just blocks from Lake Merritt, Lakeshore Avenue, and Grand Avenue, tenants enjoy easy access to Trader Joe's, the Grand Lake Farmers Market, restaurants, cafés, grocery stores, and everyday conveniences. With an outstanding walkable location, strong tenant appeal, newer construction than most Oakland apartment buildings, and pride of ownership throughout, 459 Stow Avenue presents a compelling opportunity to acquire a low-maintenance investment in one of the East Bay's most sought-after rental markets.

Location

State CA

County Alameda

Interior

Heating Natural Gas

Cooling See Remarks

Flooring Wood

Fireplace No

Exterior

Parking Features Garage

Total Parking Spaces 4

Others

Tax ID 2230938

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

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Listed by Jatin Mehta Kite Hill Real Estate #02045713

Nearby School & Business

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Patricia Beattie

+1(415) 286-8292

Broker | License ID: 01405369

Broker License ID: 01405369

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459 Stow Ave Oakland, CA 94606

Patricia Beattie

Key Details

Location

Interior

Exterior

Others

Nearby School & Business

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