$570,000
$585,000
2.6%For more information regarding the value of a property, please contact us for a free consultation.
6,250 Sqft Lot
SOLD DATE : 08/04/2025
Key Details
Sold Price $570,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 41085115
Sold Date 08/04/25
HOA Y/N No
Year Built 1945
Lot Size 6,250 Sqft
Property Sub-Type Triplex
Property Description
Excellent income/expense profile at this price. 7.1cap rate, 9.8x grm. Unit pictures are of 3242 and then 3240. Large lot and basement storage provides flexible use between the tenants. Basement laundry currently used just by tenants in 3242 but other hookups could be activated. Separate gas, electric and water meters = low landlord expenses. Sewer lateral is in compliance and an engineered seismic retrofit and other structural upgrades complete. Close to Fruitvale/Macarthur shopping (Farmer Joe's, La Farine bakery, Peet's coffee) and easy 580 freeway access.
Location
State CA
County Alameda
Interior
Heating Floor Furnace, Wall Furnace
Flooring Wood
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Features On Street
Roof Type Shingle
Total Parking Spaces 3
Building
Lot Description Back Yard, Garden, Sloped Up
Sewer Public Sewer
Others
Tax ID 2784329
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash
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