2112 35th Ave, Oakland, CA 94601
  • MLS#: 41074419 ( )
  • Street Address: 2112 35th Ave
  • Viewed: 1
  • Price: $1,295,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1961
  • Bldg sqft: 0
  • Days On Market: 294
  • Additional Information
  • County: ALAMEDA
  • City: Oakland
  • Zipcode: 94601
  • Provided by: The Pinza Group, Inc
  • Contact: David David
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    www.211235thave.com; 7 unit apartment complex featuring Three 2bd/1bth units and four 1bd/1bth units with market rate tenants and excellent long term upside. The current cap rate is 7.18% and the current GRM is 9.46. 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, countertops, 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. Currently there are two vacant units making this perfect for an owner occupant or an investor looking to lease at a top market rate.
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Features
Association Fee
  1. 0.00
Construction Materials
  1. See Remarks
Cooling
  1. See Remarks
Days On Market
  1. 19
Heating
  1. See Remarks
Parcel Number
  1. 3221122
Sourcesystemkey
  1. 41074419:BMLS
Tenant Pays
  1. Gas
Year Built
  1. 1961