Oakland, CA 94601,2112 35Th Ave
Oakland, CA 94601,2112 35Th Ave
Oakland, CA 94601,2112 35Th Ave
25
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$1,150,000
Est. payment /mo
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3 Beds
2 Baths
4,850 SqFt
Active

2112 35Th Ave Oakland, CA 94601

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Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,850 sqft

Price per Sqft $237

MLS Listing ID MR41087138

Bedrooms 3

Originating Board Bridge MLS

Year Built 1961

Lot Size 6,708 Sqft

Property Sub-Type Five or More Units

Property Description

7-unit apartment complex featuring Three 2bd/1bth units and four 1bd/1bth units with market rate tenants and excellent long-term upside. The property almost 100% leased with a current cap rate is 9.28% and the current GRM is 6.40. 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, granite counter tops, 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.

Location

State CA

County Alameda

Area Other Area

Interior

Heating Wall Furnace

Cooling Other

Flooring Tile, Wood

Exterior

Parking Features Off-Site Parking

Garage Spaces 4.0

Roof Type Other

Building

Lot Description Other

Sewer Sewer - Public

Water Public

Others

Tax ID 32-2112-2

Special Listing Condition Not Applicable


MLS Listing IDX PLUS
Listed by David Howarth • The Pinza Group, Inc

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agent

Alex Tai

Founder | License ID: 02025613

+1(650) 773-2321

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2112 35Th Ave