3617 San Leandro St, Oakland, CA 94601-3445
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Listed Price :
$595,000
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Beds :
N/A
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Baths :
-
Property Size :
N/A sqft
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Year Built :
1933
Property Description
Rare mixed-use residential and commercial mixed-use investment with excellent cash flow potential. The current cap rate is 8.93% and the current GRM is 8.3. The property was originally built in 1933, offers approximately 3,187 square feet of rental space, and sits on a 5,500 square foot lot with ample room for parking. The unit mix offers one 2bd/1bth unit, one studio unit, one retail unit, and a large 2,000 square foot warehouse. The property is easy to manage and separately metered for PG&E providing for low annual operating expenses. The retail unit, warehouse, and studio unit will all be delivered vacant at closing providing a perfect opportunity for an investor or owner-user. The location is conveniently located near Downtown Oakland, Lake Merritt, BART, Fruitvale Public Market, and has easy access to HWY880. There are countless restaurants and shopping options nearby making this a desirable location for tenants.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Interior Information |
| Cooling Type |
See Remarks |
Listing Information
| Address |
3617 San Leandro St |
| City |
Oakland |
| State |
CA |
| Zip |
94601-3445 |
| County |
Alameda |
| Listing Agent |
David Howarth DRE #01360348 |
| Courtesy Of |
The Pinza Group, Inc |
| List Price |
$595,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
N/A |
| Lot Size |
5,500 |
| Year Built |
1933 |
Listing information courtesy of: David Howarth, The Pinza Group, Inc. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 8th, 2025 at 1:15 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.
