$1,500,000
$1,500,000
For more information regarding the value of a property, please contact us for a free consultation.
6,534 Sqft Lot
SOLD DATE : 09/24/2021
Key Details
Sold Price $1,500,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 40948316
Sold Date 09/24/21
HOA Y/N No
Year Built 1962
Lot Size 6,534 Sqft
Property Description
$100K Price Reduction; Ten Large 1bd/1bth Units; 100% Occupied; 5.31% Current Cap & 11.81 Current GRM; Multiple Years of Banked Rent Increases; One Unit Remodeled, Including New Kitchen, Flooring, Window, Electrical, Plumbing, Lighting, Appliances, and HVAC; Individually Metered for PG&E, On Site Laundry, Secure Gated Access, Off-Street Parking, and Room for ADU's; Conveniently Located Near Oakland's Bancroft Business District; 11.91% Market Cap & 6.53 Market GRM.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling See Remarks
Fireplace No
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Steven Pinza • The Pinza Group, Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner