2004 27th Ave, Oakland, CA 94601
  • MLS#: 41108990 ( )
  • Street Address: 2004 27th Ave
  • Viewed: 2
  • Price: $995,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1920
  • Bldg sqft: 0
  • Days On Market: 53
  • Additional Information
  • County: ALAMEDA
  • City: Oakland
  • Zipcode: 94601
  • Subdivision: East Oakland
  • Provided by: Compass
  • Contact: Ken Ken
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Priced at just $142,000 per unit, the offering delivers a compelling 6.08% cap rate and 9.32 GRM. The property is comprised of two separate buildingsa five unit structure and a duplexenclosed by a perimeter fence, providing both privacy and security for residents. Recent capital improvements include upgraded electrical subpanels throughout, ensuring modern infrastructure and reduced future maintenance costs. Interior upgrades further enhance the propertys desirability, with five of the seven units featuring updated kitchens and bathrooms that appeal to todays renter preferences. Beyond current performance, the property offers investors over 30% in rental upside, creating an opportunity to drive NOI and substantially increase value over time.
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Features
Association Fee
  1. 0.00
Cooling
  1. None
Heating
  1. Wall Furnace
Lot Features
  1. Corner Lot
Netoperatingincome
  1. 60843.00
Parcel Number
  1. 267419
Sourcesystemkey
  1. 41108990:BMLS
Subdivision Name Other
  1. EAST OAKLAND
Year Built
  1. 1920