Oakland, CA 94610,848 Erie St
Listed by Shalaya Shipman • Compass
Bought with Nikolas Thysell • Foreverhome Properties

$950,000

Est. payment /mo

$995,000

4.5%
Est.Price: ?

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848 Erie St Oakland, CA 94610

3,630 SqFt

SOLD DATE : 03/12/2025

Key Details

Sold Price $950,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,630 sqft

Price per Sqft $261

Subdivision Lakeshore/Grand

MLS Listing ID 41081870

Sold Date 03/12/25

HOA Y/N No

Year Built 1924

Lot Size 5,000 Sqft

Property Sub-Type Quadruplex

Source Bridge AOR

Property Description

Step into 848 Erie Street, a charming two-story fourplex nestled in the sought-after Grand-Lakeshore neighborhood of Oakland, where opportunity and potential abound for both investors and owner-occupants. This well-maintained property features four spacious 1-bedroom, 1-bathroom units, offering immediate rental income and the unique chance for an owner to live in one unit while enjoying the income from the others. Each unit boasts a private single-car garage and a dedicated rear entrance, ensuring privacy and convenience for all residents. The strong rental demand in this desirable area, combined with significant value-add opportunities, makes this an exceptional investment with incredible upside potential. With its ideal location in one of Oakland's most vibrant and thriving neighborhoods, this property presents an excellent opportunity for those looking to invest in a well-positioned asset, or homeowners seeking a live-in income property with long-term growth potential.

Location

State CA

County Alameda

Interior

Heating Gravity, Forced Air

Cooling No Air Conditioning

Flooring Hardwood, Laminate, Other

Fireplace Yes

Appliance Dryer, Washer, Gas Water Heater

Laundry Other, In Kitchen

Exterior

View City

Building

Lot Description Level

Water Public

Schools

School District Oakland (510) 879-8111, Oakland (510) 879-8111

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Bay East Association of Realtors
Miranda Cayabyab

Miranda Cayabyab

Agent | License ID: 02235987

+1(510) 907-0335

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