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Browse More Listings in Multifamily For Sale, Oakland, CA or California

Multifamily Property - Off Market

7-Units Apt. Bldg.

2222 47th Ave., Oakland, CA 94601

Price:
N/A
No. Units:
7
Building Size:
4,810 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
2.5%
Cap Rate:
5.12%
Gross Rent Multiplier:
12.38
Occupancy:
100%
No. Stories:
2
Year Built:
1961
Lot Size:
7,300 SF
Tax ID / APN #:
036-2416-055

Last Verified 10/25/2009 Listing ID 16287686

Highlights

Convenient Location Near Two Highways
Secured Off-Street Parking Lot
On-site Laundry Room

Middle of Single-family Homes
2 "Section 8 Tenants" on the Premise
Historically Very Low Vacancies

Description

*Seven Units Apt. with many upgrades & improvements situated among predominantly single-family homes in popular Fruitvale District of Oakland, CA**Secured off-street parking lots in the rear.***On-site laundry room with new washer & dryer.
Annual Gross: $85,392.
Unit Description:Total 7 Units; A:2/1, $950, B: 2/1, $1,000, C: 1/1. $700, D: 2/1, $950, E: 2/1, $996, Sect. 8, F: 1/1, $770, G:3/2, $1,700, Sect 8, Laundry Income: $600/year.

Conveniently located near High St. between/close to two main highways in San Francisco Bay Area, Hwy 580 & HWY 880, just minutes from downtown Oakland & downtown San Francisco.

Map of 2222 47th Ave., Oakland, CA 94601 (Alameda County)

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Created 6/21/2009

Additional Information for 2222 47th Avenue, Oakland, CA 94601

Active For Sale - 0 Listing
Active For Lease - 0 Listing
Previously Listed - 3 Historic Listings
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - 7-Units Apt. Bldg.

2222 47th Ave., Oakland, CA, 94601