3512 Magnolia St, Oakland, CA 94608

Property Description

A truly special East Bay investment opportunity, this rare 4-unit property offers an incredible 17 bedrooms, 6 bathrooms and off-street parking for 3 vehicles. Behind its classic exterior are four spacious 4-bedroom residences plus a bonus 1-bedroom, 1-bath unit in the rear, creating exceptional flexibility for investors, multigenerational living or an owner-occupant looking to build long-term wealth. Gas and electric are individually metered, and washer/dryer hookups are available, adding ease and practicality to the property’s strong income potential. The property also features mature fruit trees, including fig, persimmon and pear, adding a special touch to the outdoor space. Perfectly positioned near the Emeryville and Longfellow border in Oakland’s Clawson neighborhood, you’re close to South Berkeley, BART, Temescal, Lake Merritt, Jack London Square and Downtown Oakland, with easy freeway access to San Francisco. With generous unit sizes, strong in-place rents and exciting upside potential, this is the kind of property that doesn’t come along often