RE/MAX Accord
Adam Cox - DRE #01824392 , RE/MAX AccordPhone: (925) 209-6152
Email: [email protected]
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listing
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Single FamilyFor Sale
$1,295,000
2112 35Th Ave
Oakland, CA 94601
Listed by: David Howarth from The Pinza Group, Inc, 510-822-1331
MLS: Bay East Contra Costa (BECCAR)
4,850Sq Ft
Est. Mortgage
$6,785/mo

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.

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Information courtesy of The Pinza Group, Inc is subject to verification and is not guaranteed.
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