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Leonardo Luna

leolunahomes@gmail.com +1(714) 227-4745

$ 749,000

Est. payment | -/mo

5,619 Sqft Lot

Save

$ 749,000

Est. payment | -/mo

Save

5,619 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Fairfax

MLS Listing ID 41153024

HOA Y/N No

Year Built 1920

Lot Size 5,619 Sqft

Property Sub-Type Quadruplex

Property Description

Set in East Oakland's established Fairfax neighborhood, 5201 Congress Ave is a fully leased 1920 fourplex built to earn its keep year after year. With every unit tenant-occupied on month-to-month terms, investors step into in-place income from day one. The building has two 1-bed/1-bath & two 2-bed/1-bath units, each with its own address, electrical meter, assigned gated parking space, and exterior storage closet. A 1-car attached garage and backyard pavilion for socializing round out this lot. The corner lot & off-street parking help set this building apart from many older multifamily properties in the area, where on-site parking can be hard to come by. All 4 units have been updated over the years, so the building is ready to keep performing today while still leaving room for a new owner to add value. Inside, each unit lives simply & efficiently, with gas ranges, ceiling fans, double-pane windows & wall furnaces keeping things comfortable. Horace Mann Elementary sits right across from Ygnacio Ave & Foothill Blvd shopping; Fruitvale & Coliseum BART, I-580 & I-880 are all within about 2 mi for easy commutes. Whether you're adding to a growing portfolio or making your first move into multifamily, this is the kind of steady, low-drama asset that rewards a long-term hold. Come see it in person & discover how well 5201 Congress could work for you & your investment goals.

Location

State CA

County Alameda

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Concrete, Laminate, Tile

Fireplace No

Appliance Gas Water Heater

Exterior

Parking Features Assigned, Carport, Garage

View Y/N Yes

View City Lights, Hills, Trees/Woods

Roof Type Composition

Total Parking Spaces 2

Building

Lot Description Back Yard, Corner Lot

Others

Tax ID 3523802

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Roland Osage Real Brokerage Technologies #02055089

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 227-4745

leolunahomes@gmail.com

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5201 Congress Ave Oakland, CA 94601