Active

31 Excelsior Ct

Oakland CA, 94610

$1,698,000


$405.64 per sqft

Active

4,186 sqft

Multi-family

Built in 1938

This 4-unit property in Cleveland Heights offers a compelling investment opportunity with four spacious 2-bedroom, 1.5-bath units, totaling 4,186 square feet. The modern amenities and generous living spaces are designed to attract high-quality tenants, making it a desirable option in a sought-after neighborhood. Each unit is spread across two stories and provides over 1,000 square feet of living space, ensuring plenty of room for tenants to enjoy comfortable living. With a total of $12,146 per month in estimated rental income, the property presents a strong cash flow for investors looking for stable returns. For those interested in owner-occupying, the building offers a unique advantage with a vacant unit available for personal use. An owner could reside in this unit while collecting over $9,000 per month from the other three units, significantly offsetting mortgage costs. This feature makes it a flexible opportunity for buyers who want to live in a prime location while benefiting from rental income. The combination of high rental demand and owner-occupy potential makes this an attractive option for both investors and homebuyers.

41084862

MLS ID

February 6, 2025

Listed

March 3, 2025

Updated

Interior Features

Interior Features

Storage


Laundry Description

Coin Operated


Floor Description

Wood


Fireplace

No


Cooling

Yes


Cooling Description

No Air Conditioning


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.19 Acres


Exterior Features

Back Yard


Lot Features

Regular, Paved


Roof

Flat


Sewer

Public Sewer

Other Property Details

Area Name

Oakland


Garage

Yes


Parking

Garage


View

No


View Description

None


County

Alameda


Pool

No


Utilities

Individual Electric Meter, Individual Gas Meter

Listed by Jatin Mehta with Real Brokerage Technologies
Listing Contact: 949-929-9562 

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