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
$1,248,000
740 Alcatraz Ave
Oakland, CA 94609
Listed by: Willem Bos from Compass, (415) 660-9955
MLS: Bay East Contra Costa (BECCAR)
2,413Sq Ft
Est. Mortgage
$6,542/mo

This 5-unit apartment building at 740 Alcatraz Ave is a unique investment opportunity in the tenant-friendly South Berkeley boarder. The property consists of 5 well-maintained units: 3 - studios, 1 - one bedroom, 1 - spacious two-bedroom, and 6 private garages. Three units have been tastefully renovated, and the building offers tenants on-site coin-op laundry and ample storage space in the basement. The six private garages in a separate structure on the back of the property provide a new investor with over $14,000 additional annual income with room to grow. With its separate gas and electricity meters and convenient location, the building is a stable investment for any investor. It offers easy access to the CA-24 freeway and is within walking distance of Ashby BART. This well-maintained building is priced to sell at only $250k per unit and gives investors an achievable rental upside in a currently stable building.

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Information courtesy of Compass is subject to verification and is not guaranteed.
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