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4255 Terrace St Oakland, CA 94611
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Key Details
Sold Price $905,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Piedmont Avenue
MLS Listing ID 41036938
Sold Date 12/17/24
HOA Y/N No
Year Built 1912
Lot Size 3,040 Sqft
Property Description
An exceptional opportunity awaits with this vacant duplex in Oakland's highly coveted Piedmont Avenue neighborhood. Built-in 1912, this charming property features two expansive full-floor flats, each offering a spacious 1-bedroom, 1-bathroom unit. Both units have nice natural light and boast beautiful hardwood floors, original detailing, an updated bathroom (upper unit), enclosed sun porches, and a shared private patio/garden area. Additional amenities include a detached garage and an unfinished basement, providing ample storage space. The upper flat offers views of the bridge and bay. With a Walk Score of 94, Piedmont Avenue is considered a "Walker's Paradise," granting easy access to some of the city's finest amenities, including renowned restaurants, cafes, shops, and the famous Fentons Creamery. This property represents an excellent opportunity for an owner-occupant to reside in one of Oakland's most desirable neighborhoods while collecting rental income or for an investor seeking an income-producing asset.
Location
State CA
County Alameda
Interior
Heating Natural Gas
Flooring Laminate, Wood
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Features Garage
Roof Type Shingle
Building
Lot Description Back Yard, Sloped Up
Sewer Public Sewer
Others
Tax ID 1311093
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Cash
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Bought with Maya Glenn • Stea Realty Group