Owner of 4 unit residential income has decided to sell his beautiful building after 19 years. Each of the units is one bedroom and each unit has its own washer and dryer, each unit comes with a parking space.
A great investment opportunity with this multi-family tri-plex! You can live in one and rent out the others as income property. In the front, theres a spacious single family home with 6 bedrooms 2 baths. In the rear facing Brockhurst St. theres a separate duplex on the same lot. Each unit of the duplex has 2 bedrooms 1 bath. All units are fully rented with great tenants. Centrally located near 580/24 & 80 freeways, Downtown Oakland, and many neighborhood shops and restaurants.
3001 38th Ave and 3768 Penniman Ave 2 parcels #32-2030-109 and #33-2030-110 sell together. 3001-3017 38th Ave has 6 units, 5948 Sq,ft building, 4471 sq.ft lot, rent $7182 per month. The back 3768 Penniman Ave is 5060 sq.ft lot, possible to build another 4 units, please verify that with city. The front building tenants park in the back lot with automatic sliding fence gate. 5 separate water meters, 7 gas maters and electricity meters. Owner only pay upstairs 2 residential units garbage. 3001 commercial, rent $1500, 3005 Commercial $950, 3015 commercial $950, 3017 commercial $950, upstairs 2 residential units , 3007 is 2 bed 1 bath $1596.50, 3011 is 2bed 2 bath $1236, total $86,184.00 per year. Possible seller finance.
Rare opportunity to own this six unit apartment building centrally located in the desirable Fruitvale area near 35th Ave with easy access to Freeway I-580. All large two bedroom apartments, four of them have been recently upgraded with hardwood floors, granite countertop and modern bathroom. Six parking spaces in front of the building. More garage spaces on the first floor. Laundry room and storages in the back. Current cap rate 5.8%. Pro Forma Cap rate is 6.8%. High cash flow and easy management.
This property is a dynamic cash flow machine, as it generates a true 5% Capitalization Rate on the existing financials and is located in the very desirable Highland Heights Neighborhood less than 5 minutes away from Highland Hospital making for an extremely strong rental demand. The unit mix is outstanding, comprised of 5 very large 2bd/1ba apartments with on-site parking for each unit and the property also has onsite laundry. Two of the units are rented close to market and the other Three are under market, which means there is also upside value in the rents.
Centrally located triplex for your next investment adventure. This property is fully occupied at close to market value. 2 units with 2 beds 1 bath. 1 unit 1 bed 1 bath situated on almost a 5000 SF lot. Buyer to verifly lot size. Built in 1930. Each unit is equipped with a washer/dryer, stove and refrigerator. property has tandem driveway and two car garage currently being used for storage, but has potential for another unit.
Oakland is located in California. Oakland, California has a population of 437,548. Oakland is less family-centric than the surrounding county with 29.48% of the households containing married families with children. The county average for households married with children is 36.75%.
The median household income in Oakland, California is $85,628. The median household income for the surrounding county is $112,017 compared to the national median of $69,021. The median age of people living in Oakland is 36.9 years.
The average high temperature in July is 71.7 degrees, with an average low temperature in January of 43.7 degrees. The average rainfall is approximately 23.6 inches per year, with 0 inches of snow per year.