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Listed by David Howarth • The Pinza Group, Inc
$1,150,000
Est. payment /mo
6 Beds
4 Baths
1,684 SqFt
Active
2775 E 21St St Oakland, CA 94601
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,684 sqft
Price per Sqft $682
MLS Listing ID EB41105459
Bedrooms 6
Year Built 1926
Lot Size 3,029 Sqft
Property Sub-Type Triplex
Source Bridge MLS
Property Description
Fully remodeled 3-unit investment with high cash flow. The current cap rates 6.87% and the current GRM is 9.95%. The property offers three units consisting of two 3bd/2bth units with large basements and one detached studio unit. Currently, all bedrooms are rented individually to maximize cash flow, however the back detached studio unit will be delivered vacant at closing making a perfect set-up for an owner-occupant. All units have been fully remodeled and offer newer kitchens and bathrooms with stainless steel appliances, new cabinets, new fixtures, custom lightning, newer flooring, newer paint, custom tile work, double pane windows, and more. The property is easy to manage, and the units are separately metered for PG&E providing for low future annual expenses. The property has upgraded electrical and plumbing systems and all known maintenance issues have been addressed resulting in a 100% turn-key property for the next investor. The property is located on a quiet cul-de-sac with mostly single-family homes and high pride of ownership. The property offers a great location for tenants and is close to a variety of restaurants and shopping options with easy access to BART, Downtown Oakland, HWY 580 and HWY 880.
Location
State CA
County Alameda
Area Oakland Zip Code 94601
Interior
Heating Other
Cooling Other
Flooring Other
Laundry Other
Exterior
Exterior Feature Other
Parking Features Other
Garage Spaces 2.0
Roof Type Other
Building
Lot Description Other
Sewer Sewer - Public
Water Public
Others
Tax ID 26-740-24
Special Listing Condition Not Applicable
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