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2422 E 24th Street

Oakland, CA 94601
  • $999,888
  • STATUS: Active
  • ON SITE: 29 Days
  • ID#: ML81958344
Open House
$999,888
  • 11
    BEDS
  • 0.11
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 2,364
    SQFT
  • $423
    $/SQFT
Type:
Single-Family Home
Built:
1902
County:

School Ratings & Info

School District:
Listing Agent(s): Michael S Youssef of Arise Realty (650-212-4010)


Description

This triplex offers an amazing opportunity to live in one home and rent the other two, or rent all three and you can make $11,961 monthly rental income. If you plan on living in one home you can take advantage of Fannie Mae's new rule allowing a minimum 5% down payment. If investing this checks all boxes and it passes the 1% rule, the 50% rule, and is comprised of a remarkable unit mix, consisting of a 5 bed/1 bath plus an additional upstairs laundry room and storage, a spacious 4 bed/ 1.5 bath, and a 2 bed/1 bath on a quiet street in the Meadow Brook neighborhood of Oakland. Recently renovated and reinforced in compliance with permits this property has new electrical, new copper plumbing, double pane windows, new roof, and is low maintenance with a nice tranquil backyard ideal for a communal garden. Individually metered for gas and electricity. Commuter friendly nearby Fruitvale Bart Station, Hwy 580 and 880. Come see this one for yourself!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-20T15:27:18.99. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Accardo Real Estate Associates | Compass. Licensed in the State of California, USA.
www.naylorproperties.com/homes/148765978
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2422 E 24th Street Oakland, CA 94601

  • Price: $999,888
  • Status: Active
  • On Site: 29 Days
  • ID#: ML81958344
11
Beds
3
Baths
1
½ Baths
0.11
Acres
2,364
SQFT
$423
$/SQFT
1902
Built
County:
Alameda
School District:
Other
Property Description
This triplex offers an amazing opportunity to live in one home and rent the other two, or rent all three and you can make $11,961 monthly rental income. If you plan on living in one home you can take advantage of Fannie Mae's new rule allowing a minimum 5% down payment. If investing this checks all boxes and it passes the 1% rule, the 50% rule, and is comprised of a remarkable unit mix, consisting of a 5 bed/1 bath plus an additional upstairs laundry room and storage, a spacious 4 bed/ 1.5 bath, and a 2 bed/1 bath on a quiet street in the Meadow Brook neighborhood of Oakland. Recently renovated and reinforced in compliance with permits this property has new electrical, new copper plumbing, double pane windows, new roof, and is low maintenance with a nice tranquil backyard ideal for a communal garden. Individually metered for gas and electricity. Commuter friendly nearby Fruitvale Bart Station, Hwy 580 and 880. Come see this one for yourself!
Exterior Features

Attached Garage YN No Carport Spaces 0 Parking Features Off Street Parking Total 3 Property Attached YN No Roof CompositionShingle View YN No

Interior Features

Accessibility Features Parking Common Walls No Common Walls Cooling None Cooling YN Yes Fireplace YN No Heating Central Heating YN Yes

Property Features

Association YN No Garage YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service New Construction YN No Property Sub Type Single Family Residence Sewer Public Sewer Special Listing Conditions Standard Water Source Public Zoning R3



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-20T15:27:18.99. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Accardo Real Estate Associates | Compass. Licensed in the State of California, USA.
 
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Accardo Real Estate Associates | Compass
1820 S. Elena Ave. Ste. H
Redondo Beach CA, 90064
Listing Agent(s): Michael S Youssef of Arise Realty (650-212-4010)