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3218 Hyde Street

Oakland CA 94601

4
4
3
2616 sq. ft.
5139 sq. ft.
Single-Family
Currently for sale - view listing

Overview

This well-maintained income-generating property includes four (4) one-bedroom, one-bath units, plus three (3) detached garage spaces that provide additional rental income. Each unit features a separate laundry room with washer/dryer hookups, granite countertops, a functional layout, and abundant natural light. The vacant unit was recently renovated with luxury vinyl plank (LVP) flooring, a new gas range, updated kitchen sink and faucet, granite countertops, and fresh paint. Two other units were updated in 2022 with new carpet (25-year warranty) and interior paint. Water heaters have been recently replaced in three of the four units. The building also benefits from an upgraded electrical panel, reducing maintenance risk and enhancing long-term service reliability. Recent capital improvements within the last year include a new roof and full exterior painting?both significant upgrades that position the property for long-term, low-maintenance ownership. Each unit is separately metered for gas and electricity, allowing for efficient expense control and reduced landlord utility obligations. With rents at or near market levels, the property offers immediate, stable cash flow?a rare find in today?s rental market.

Features

4 bedrooms
4 bathrooms
3 carspaces
3 garage spaces
2616 sq. ft. floor area
5139 sq. ft. lot size
Single-Family

Property history for 3218 Hyde Street

2021
Sold
$915,000
23 Nov 2021 by ANDREA GORDON, of Compass
2012
Sold
$255,000
20 Feb 2012 by VINNY MANGUYEN, of MICHAEL JAMES COMPANY, INC.

Happy sellers in Oakland

<50%
Less than 50% of sellers in Oakland reported that their sale price either exceeded or met their price expectations.

Oakland stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Oakland over the last 12 months.

Local market activity for 4 bedroom single-family properties in Oakland

In the last 12 months, 22 four-bedroom single-family properties similar to 3218 Hyde Street, have been sold.

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