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Kevin Kieffer

kevin@eastbaypro.com +1(925) 300-8000

Listed by Stanford Realty Group

$ 1,198,888

Est. payment | -/mo

4,003 SqFt

Save

$ 1,198,888

Est. payment | -/mo

Save

4,003 SqFt

Open House

Sun Apr 26, 2:00pm - 4:00pm

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,003 sqft

Price per Sqft $299

Subdivision Lincoln Heights

MLS Listing ID 41126396

HOA Y/N No

Year Built 1968

Lot Size 3,150 Sqft

Property Sub-Type Quadruplex

Source BAY EAST

Property Description

HUGE PRICE ADJUSTMENT......This Amazing Opportunity Will Not Last Long! Located at 2550 Damuth Street, this multi-family property presents a compelling opportunity for the owner-occupant buyer looking to combine comfortable living with steady rental income. The building spans 4,003 square feet, spread across multiple units. A dedicated ground-floor owner's unit offers private, convenient living while the remaining units generate $60K annual income to help offset your mortgage each month. For investors, the numbers tell a strong story—multiple revenue-generating units under one roof mean consolidated management and lower per-unit operating costs. With clear renovation potential in the owner's unit, strategic upgrades can significantly boost rental income and overall property value, delivering excellent return on investment. The setting is truly serene. Nestled on a tree-lined street in a peaceful neighborhood renowned for tenant retention, this location is highly desirable to residents that appreciate tranquility without sacrificing accessibility. Daily conveniences include shopping and banking while the majestic redwood trails of Joaquin Miller Park offer an unparalleled outdoor retreat that consistently attracts quality tenants. Effortless connectivity to Highway 13 ensures swift passage throughout the greater Bay Area, adding yet another layer of desirability.

Location

State CA

County Alameda

Interior

Heating Natural Gas, Wall Furnace

Cooling No Air Conditioning

Flooring Linoleum, Unfinished, Carpet

Fireplace Yes

Window Features Window Coverings

Appliance Gas Water Heater

Laundry Coin Operated, Laundry Room, Laundry Equip - Leased

Building

Lot Description Level

Water Water District

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(925) 300-8000

kevin@eastbaypro.com

1646 N California Blvd, Walnut Creek, CA, 94596, USA

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2550 Damuth St Oakland, CA 94602