Robert Gosalvez

Real Estate Advisor

I bring a uniquely analytical mind and unwavering dedication to assisting others in achieving their real estate goals.

Request Info

498 Stow Avenue

498 Stow AVE, OAKLAND, CA 94606

Boasting an annual income of over $110,000 and a cap rate of more than 5% on the current rent, this investment opportunity is unparalleled. Owner occupancy financing is also available with as little as 5% down. This distinguished 1915 Edwardian-style triplex, featuring a captivating bonus unit, combines classic elegance and modern appeal. Situated just two blocks from the serene Lake Merritt, this property presents an enticing investment prospect in the coveted lower Haddon Hill neighborhood. Residents enjoy the tranquility of lakeside living while being close to the vibrant Lakeshore/Grand district, making it a prime choice for investors seeking lucrative returns. It seamlessly blends historic charm with the allure of Lake Merritt living and the vibrant Lakeshore/Grand district. Each unit promises substantial rental income and capital appreciation, making it a compelling proposition for astute investors.

Features & Amenities

Interior

Kitchen Dishwasher, Refrigerator, Oven, Range, Washer
Flooring Hardwood
Other Interior Features Hardwood

Exterior

Stories 2
Water Source Public
ROOF Composition
Heat Type Electric
Air Conditioning Ceiling Fan(s)
Substructure Slab

Area & Lot

Status Sold
LIVING SPACE 2,622 Sq.Ft.
LOT SIZE 4,599.936 Sq.Ft.
MLS® ID ML81952701
Type Multi-Family
Year Built 1915
Architecture Styles Edwardian
View Description Lake
School District Oakland Unified

Financial

SALES PRICE $1,450,000
Zoning RU-1/S-12

Who You Work With Matters

Whether you're a first-time buyer, experienced investor, or a seller looking to maximize the proceeds of your current home, Robert invites you to leverage his team's undeniable passion, network, market knowledge, and in-depth, local expertise.

Contact Us