Oakland, CA 94601,Address not disclosed
Oakland, CA 94601,Address not disclosed
Oakland, CA 94601,Address not disclosed
Oakland, CA 94601,Address not disclosed
Oakland, CA 94601,Address not disclosed
Oakland, CA 94601,Address not disclosed
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$1,745,000

$1,750,000

0.3%
Est.Price: ?

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Est. payment /mo

4,356 Sqft Lot


SOLD DATE : 09/30/2021

Key Details

Sold Price $1,745,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 40962553

Sold Date 09/30/21

HOA Y/N No

Year Built 1918

Lot Size 4,356 Sqft

Property Description

Outstanding high cash flow opportunity in the inner Bay Area. Do not miss this substantially upgraded garden-style 8 unit apartment building for sale. Extensive renovations; new kitchens and baths, windows, and concrete foundation. Professionally managed turnkey asset. High cash flow, low maintenance, easy to manage. Excellent tenant profile in rapidly gentrifying area. Fantastic unit mix; 3 units on the main floor, one studio, one 1-bedroom and one 2-bedroom unit. Upstairs; two studios and two 1-bedroom units. Unit 4 has private entrance. Fully gated and landscaped complex. Each unit has its own in-unit washer and dryer and tankless hot water. The interiors of the halls have updated flooring and LED lighting. Only 1 gas meter but still very low expenses. See virtual tour and drone video link. Located in Designated Opportunity Zone. Showing 8/17 Tues 1:30-3, 8/19 Thurs 1:30-3, must confirm appt prior to showing. Offers due 8/24 by 5PM.

Location

State CA

County Alameda

Interior

Heating Electric, Wall Furnace

Flooring Laminate

Fireplace No

Appliance Dryer

Exterior

Parking Features None

Building

Sewer Public Sewer

Others

Tax ID 332193101

Acceptable Financing Conventional, 1031 Exchange

Listing Terms Conventional, 1031 Exchange

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California Regional MLS (CRMLS)
Listed by Nicholas Myerhoff • NICHOLAS MYERHOFF, BROKER
Bought with Carol Kim • Compass
agent-avatar

"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

+1(310) 363-0606

info@greenspanrealty.net

Rancho Palos Verdes, CA, 90275, USA

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