1424 E 31St St, Oakland, CA 94602

Property Description

A converted Victorian that’s now a five-unit (four conforming) multifamily, Oakland’s 1424 E 31st Street is a lucrative investment opportunity for the right buyer trying to build their portfolio. What makes this listing so appealing?—It’s location. The property is directly across from Highland Hospital Medical Campus which means vacancies will be of interest to strong rental candidates such as medical assistants, traveling nurses, physicians, and other specialty medical staff. The four conforming units are all individually metered for water, gas, and electric ensuring maximum convenience from a property management standpoint. It’s also critical to note that three of the units come with their own secured parking spots, and that the building itself features a gated, secure entry—a must-have in any urban environment. Interstate 580 as well as critical retailers such as CVS and Safeway are less than five minutes away, adding to the overall convenience of living at 1424 E 31st Street.