548 105th Avenue, Oakland, CA 94603
  • MLS#: ML81996376 ( )
  • Street Address: 548 105th Avenue
  • Viewed: 12
  • Price: $3,199,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1958
  • Bldg sqft: 0
  • Days On Market: 53
  • Additional Information
  • County: ALAMEDA
  • City: Oakland
  • Zipcode: 94603
  • Provided by: Yellowstone Investments
  • Contact: Adam Adam
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Offering Memorandum available upon request. The proforma CAP Rate is 9.50%. Yellowstone Investments has been selected to exclusively market for sale 548 105th Ave, a 13 unit multifamily investment opportunity in Oakland, California. This property consists of four single story buildings totaling 10,478 square feet and includes 11 conforming residential units and 2 non conforming units. The unit mix comprises six 4 bed/2 bath, one 3 bed/2 bath, three 2 bed/1 bath, and three 1 bed/1 bath units. With approximately 26 on site parking spaces, the property offers convenience for residents, an added value in this high demand rental market. Additionally, the roof has been replaced within the past 10 years, reducing near term maintenance costs. Currently generating attractive income, the property offers significant upside potential in rental revenue. There is also a possibility to add a 1 bed/1 bath unit for increased income. Situated on a large lot, the property presents future development opportunities. Oakland's robust economy, excellent transportation infrastructure including BART, major highways, and Oakland International Airport (OAK), and its appeal as an affordable alternative to San Francisco make it an ideal location for multifamily investment.
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Features
Building Area Total
  1. 10478.00
Carport Spaces
  1. 0.00
Heating
  1. Wall Furnace
Insurance Expense
  1. 8300.00
Otherexpense
  1. 0.00
Parcel Number
  1. 045536800303
Roof
  1. Composition
Totalexpenses
  1. 102782.00
Trash Expense
  1. 7300.00
Views
  1. 12
Water Source
  1. Public
Year Built
  1. 1958
Year Built Source
  1. Other
Zoning
  1. R-70