, Oakland, CA 94606
-
Listed Price :
$1,100,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1964
Property Description
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.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Interior Information |
| Cooling Type |
None |
Listing Information
| City |
Oakland |
| State |
CA |
| Zip |
94606 |
| County |
Alameda |
| Listing Agent |
STEVEN PETERSON DRE #01746140 |
| Co-Listing Agent |
DRE #01746140 |
| Courtesy Of |
INFINITY INVESTMENTS |
| List Price |
$1,100,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Apartment |
| Structure Size |
N/A |
| Lot Size |
7,000 |
| Year Built |
1964 |
Listing information courtesy of: STEVEN PETERSON, INFINITY INVESTMENTS. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:45 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
