Property Detail

647 Beacon St

Oakland CA 94610

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$1,495,000

Status: Active

Property Details

Description

EXEMPT FROM RENT CONTROL IN OAKLAND! Exceptional opportunity to own a beautifully maintained fourplex in one of Oakland's most sought-after neighborhoods. Featuring one vacant unit ready for an owner-occupant or new tenant, this property offers strong income potential with excellent existing rents and significant upside. Rich in Art Deco character and architectural charm, the building offers bright, spacious units with lovely views, eat-in kitchens, formal dining rooms, generous living rooms, and versatile bonus spaces. Ideally located just blocks from Lake Merritt, Grand Avenue, the Farmers Market, popular dining destinations, shopping, and convenient transportation options. A rare opportunity for investors and owner-occupants alike. CapEx Highlights: AC minisplits in units, upgraded electrical panels, replaced heating system and soft story compliant Investment Highlights: Common laundry, large basement space, patio and backyard

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