Oakland - Beach Property For Sale #5477315

Located in the sought-after Grand Lake neighborhood of Oakland, 365 Santa Clara Avenue is a 4,228 square foot fourplex that's a blend of ideal urban living and countryside charm (it's right next to the Grand Lake Farmers Market). The four units are split into three 1BR/1BA layouts and one 2BR/1BA layout, each with its own utility meters for easy property management. Onsite laundry is available for tenants as is parking (each unit gets its own garage). Seated just blocks from the shores of Lake Merritt and its numerous walking paths, occupants will never be short of outdoor activities to enjoy. Anchor retailers including Trader Joe's, Safeway, and Walgreens are just a couple minutes away, as are elite entertainment options such as the Grand Lake Theater. With so much to offer in such a prime location, it's no surprise that the property generates $10,460 in monthly income. What IS a surprise is the asking price--a modest $1.35MM.