2530 Myrtle St
Oakland, CA 94607
2530 Myrtle St, Oakland, CA 94607
Fourplex with Four 1BR/1BA Units – Fully Leased
2,487 Square Feet / 4,900 Square Foot Lot
1904 Victorian fourplex centrally located in West Oakland’s McClymonds neighborhood. Two story building with four leased 1BR/1BA units. The lower units have separate entrances and the upper units are accessed through a secure stairwell. Units feature hardwood floors in living areas, tiled floors in kitchens and bathrooms, updated bathrooms and kitchens with gas ranges.
There are shared laundry facilities in the basement and there is gated parking for 4+ cars or potential for future development. There is a communal garden bed vibrant with tomato plants.
Property currently generates $70k in gross rent per year at ~6.09% cap rate.
The property is centrally located near some of West Oakland’s finest: Spinning Dough Pizzeria, Soba Ichi, Brix Factory Brewing, Ghost Town Brewing, and Raimondi Park, home of the Oakland Ballers. Oakland’s Uptown neighborhood, anchored by the Fox and Paramount Theaters, is just a mile away. Downtown San Francisco is about a 15-minute drive.
