3608 Kingsley St

When it comes to investing in Oakland’s multifamily market, an opportunity to buy in Trestle Glen for half the average price is too good to pass up. Offered at $1.06MM (a mere $359 per sq. ft.), 3608 Kingsley Street is a four-unit (4, 1BR/1BA), Victorian-era property that’s ready for a new owner. A corner lot situated along the sun-soaked intersection of Kingsley and Chatham, this investment will be delivered partially occupied (three units), providing the new owners with an instant revenue stream. The other units will afford the new owners with the rare opportunity to create their own lease terms and handpick their own tenants from the applicant pool. Speaking of tenants, nearby Lakeshore Avenue offers occupants exceptional shopping and dining options, while nearby Highland Hospital acts as the immediate area’s biggest employer. Enjoying the outdoors is made easy thanks to the property’s large yard as well as nearby Diamond Park, a mere 12-minute bike ride away.