$1,745,000
$1,750,000
0.3%For more information regarding the value of a property, please contact us for a free consultation.
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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Bought with Carol Kim • Compass
"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