4124 Lyon ave

The Lyon Avenue Residences is a brand new eight unit multifamily property centrally located in the Jefferson neighborhood of Oakland, CA. The building features an ideal mix of four 3bd/1.5bth and four 4bd/1.5bth, totaling 9,052 SF of rentable space. The property is fully occupied providing investors with market rate & high quality tenants. 4124 Lyon is set on a huge 11,227 SF double-wide lot, featuring five covered carport spaces, three parking stalls, and onsite coin-operated laundry. The property features tastefully modern kitchens, bathrooms, and large private balconies. The building features separate meters for PG&E, and future ownership can take advantage of a RUBS program to further minimize operating expenses.
The Lyon Ave Residences boast an excellent location in Oakland's Jefferson neighborhood. This property is walking distance to prime amenities including Farmer Joe's Marketplace, coffee shops, restaurants, parks and fitness studios. Additionally, the building is only five miles from both Lake Merritt and the Oakland Zoo, providing ample opportunity for recreation. Oakland International Airport is just over a ten minute drive, making this property's location highly convenient and desirable.