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
Bay East ©2025 CCAR ©2025. bridgeMLS ©2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 9:08 PM UTC, 3/3/2025.