7408 Garfield Ave

Investors Alert! This is a rare opportunity to secure a property with 5%+ CAP rates and instant equity in Oakland's Eastmont neighborhood. This well-maintained duplex features two units, each with one bedroom and one bath, plus an additional one-bedroom, one-bath unit at the rear—perfect for house hackers, owner-occupants seeking rental income, or savvy investors. Spanning 1,273 sq. ft. on a 4,500 sq. ft. lot, this multi-family home offers an open floor plan designed for comfort and flexibility. Outdoor spaces include spacious yards with fruit trees and a deck, enhancing the property’s versatility and appeal for work, play, or extra rental income. For nature lovers, Leona Canyon Regional Open Space Preserve and Redwood Regional Park are just minutes away, with beautiful trails for hiking, biking, and outdoor adventures. The location also offers convenient access to BART, the Coliseum, and Oakland International Airport, as well as quick connections to Highways 580 and 880. With its excellent location, flexible living arrangements, and income potential, this property is a true gem for anyone looking to expand their portfolio or find a multi-functional living space. Don’t miss out on this exceptional investment opportunity!

Current Status

Active

Original Price

$549,999

List Price

$549,999

On Market Date

Nov 14, 2024

Property Type

Detached

D/N/S

Eastmont

Zip Code

94605

MLS ID

41078977

APN

40339825

Year Built

1943

Stories in Building

1

Possession

Immediate, Tenant's Rights, Rental Agreement

Data Source

MAXEBRDI

Origin MLS System

BAY EAST

Bed

3

Bath

3

Parking

2

Covered, Off Street

SQ FT

1,273

SQ FT Source

Public Records

Lot SQ FT

4,500.0

Lot Acres

0.1 Acres

Pool Info

None

Kitchen

Microwave, Refrigerator, Dryer, Washer, Electric Water Heater, Gas Water Heater, 220 Volt Outlet, Eat In Kitchen

Cooling

None

Disclosures

Disclosure Package Avail

Entry Level

Exterior Details

Garden, Front Yard, Garden/Play, Carport Awning, Entry Gate, Landscape Front, Low Maintenance

Flooring

Hardwood, Tile

Foundation

Fire Place

None

Heating

Floor Furnace

Laundry

220 Volt Outlet, Dryer, Washer, Stacked Only

Main Level

3 Bedrooms, 3 Baths

Possession

Immediate, Tenant's Rights, Rental Agreement

Architectural Style

Traditional

Construction Status

Existing

Additional Miscellaneous Features

Garden, Front Yard, Garden/Play, Carport Awning, Entry Gate, Landscape Front, Low Maintenance

Location

Corner Lot, Level, Premium Lot, Front Yard, Landscape Front, Landscape Back

Pets

Cats OK, Dogs OK

Roof

Shingle

Water and Sewer

Public

Fee

Unavailable

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.