$ 1,295,000
2112 35Th Ave Oakland, CA 94601
Schedule a Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by David Howarth • The Pinza Group, Inc
$ 1,295,000
Est. payment /mo
Active
2112 35Th Ave Oakland, CA 94601
4,850 SqFt
UPDATED:
10/02/2024 03:34 PM
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,850 sqft
Price per Sqft $267
MLS Listing ID 41074419
HOA Y/N No
Originating Board Bridge AOR
Year Built 1961
Lot Size 6,708 Sqft
Property Description
www.211235thave.com; 7-unit apartment complex featuring Three 2bd/1bth units and four 1bd/1bth units with market rate tenants and excellent long-term upside. The current cap rate is 7.18% and the current GRM is 9.46. The property was originally built in 1961, offers approximately 4,850 square feet of rental space, and sits on a 6,708 square foot lot with four garages, and multiple off-street parking spaces. The units have all been remodeled over time and offer newer kitchens and bathrooms, wood floors, double pane windows, countertops, custom molding, a newer roof, and more. The property is easy to manage and is separately metered for PG&E providing for low annual operating expenses. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turn-key investment for the next owner. Currently there are two vacant units making this perfect for an owner-occupant or an investor looking to lease at a top market rate.
Location
State CA
County Alameda
Interior
Heating Other
Cooling Other
Flooring Other
Fireplace No
Exterior
Parking Type Other
Building
Lot Description Other
Water Public
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.