$ 1,295,000
3675 39Th Ave Oakland, CA 94619
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,295,000
Est. payment /mo
Price Dropped by $155K
3675 39Th Ave Oakland, CA 94619
9,726 Sqft Lot
UPDATED:
10/02/2024 12:26 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41072939
HOA Y/N No
Year Built 1979
Lot Size 9,726 Sqft
Acres 0.2233
Property Description
www.367539th.com; 6-unit apartment complex featuring six 2bd/1bth units with strong current income and excellent rental upside. Current cap rate of 7.42% and current GRM of 8.88. The property was originally built in 1979, offers approximately 5,340 square feet of rental space, and sits on an extra-large 9,725 square foot lot with 8 parking spaces and a nice backyard area. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turnkey investment for the next owner. The units have been remodeled and offer new kitchens, bathrooms, upgraded electrical and plumbing, new flooring, double pane windows, new exterior and interior paint, a newer roof, and more. The property has been historically managed by the owner and offers low annual operating expenses. One unit will be delivered vacant that’s perfect for an investor seeking high market rents or a possible owner-occupant.
Location
State CA
County Alameda
Interior
Heating See Remarks
Cooling See Remarks
Fireplace No
Exterior
Total Parking Spaces 10
Others
Tax ID 3019208
Listed by David Howarth • The Pinza Group, Inc