Property Detail

Description

https://www.16005mateo.com/ 16005 Mateo St is a unique opportunity for a new or seasoned investor to purchase thirteen cottages in a non rent controlled area of unincorporated Alameda County. Situated on a one acre foot lot the property boasts three 3bd units, eight 1bd units, one 2bd, and one large studio. Many units have been remodeled over the years with new roofs, hardwood floors, dual pane windows, and updated plumbing and electrical. Additionally, each unit comes with one designated off-street parking spot. There is tremendous rental upside which a new owner can capture by merely issuing a 60 day notice of a rent increase. This high density large lot makes this is a prime opportunity for investors looking to add units and grow.