Tucked away in Upper Laurel, just southwest of Crestmont, is an investment opportunity thats laden with income ($15,300/month) and dripping in future growth potential: Oaklands 3819 Maybelle Avenue. This is a large (7,585 sq. ft.), five-unit building (5, 3BR/1.5BA) sitting on a massive 12,800 sq. ft. lot. Each unit is separately metered and in excess of 1,500 sq. ft., following a two-story, townhouse-style layout that includes formal living and dining rooms. Built in 2005, this construction is new enough that 3819 Maybelle Avenue is exempt from rent controla rare advantage for owners. Shopping and dining options along nearby MacArthur Boulevard make this area popular with renters, as do easy freeway (I-580) and highway access (CA-13). Asking only $1.9MM ($250 sq. ft.), this is an exceptionally unique investment opportunity at a very competitive price.
41059103
Business Opportunities, Other
Alameda
2005
0.29
Acres
Public
Frame,Stucco
Public Sewer
7,585
Sq. Ft.
UPPER LAUREL
Individual Electric Meter, Individual Gas Meter
Detailed Room Information
- Laundry
- 220 Volt Outlet, Dryer, In Unit, Washer
Interior Features
- Appliances
- Dryer, Washer, Gas Water Heater
- Flooring
- Hardwood, Tile, Laminate, Carpet, Wood
- Cooling
- None
- Heating
- Gas Heat. Forced Air.
- Basement
- None
- Energy
- 0| 1|
- Security
- Carbon Monoxide Detector(s), Double Strapped Water Heater, Smoke Detector(s)
Exterior / Lot Features
- Parking
- 0 Covered Parking Spaces. Parking Lot, Assigned, On Street, Uncovered Parking Space, Uncovered Park Spaces 2.
- Exterior
- Stucco, Frame
- Zoning
- RM-3
- Additional Exterior/Lot Features
- Level, Paved.
Community Features
- Security Features
- Carbon Monoxide Detector(s), Double Strapped Water Heater, Smoke Detector(s)
- Complex Features
- Carbon Monoxide Detector(s), Double Strapped Water Heater, Smoke Detector(s)
Financial Considerations
30192920
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