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1035 76th Ave
Oakland, CA 94621
Multifamily Property For Sale · 4 Units

PROPERTY FACTS

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.11 AC
Building Size 3,383 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1966/2015
Parking Ratio 1.18/1,000 SF
Zoning RD-2

AMENITIES

UNIT AMENITIES

  • Kitchen
  • Refrigerator
  • Double Pane Windows
  • Family Room
  • Lawn

SITE AMENITIES

  • Fenced Lot
  • Trash Pickup - Curbside
  • Storage Space

ABOUT 1035 76TH AVE , OAKLAND, CA 94621

Commercial Investment Group is pleased to offer for sale this four (4) unit multifamily investment opportunity located at 1035 76th Avenue, in the City of Oakland. This two-story structure was constructed of wood frame and stucco on a raised foundation built in 1966 with a square footage of 3,383 on a 5,000-square foot lot. The building have been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of three (3) 2+1 units, and one (1) 3+1 unit. The subject property is subject to the City of Oakland's rent control regulation. The investment boasts spacious floor plans, four (4) on-site parking spaces, updated copper plumbing, storage for each unit, and individually metered for gas and electricity. Well positioned within Oakland's continuously gentrifying submarket, this investment presents an excellent opportunity for an investor to capitalize on a densely populated area that continues to experience rapid rent growth. PLEASE NOTE THE FOLLOWING: 1) DO NOT DISTURB THE TENANTS. 2) Submit Offer on a CAR Residential-Income Purchase Agreement. 3) Interior Inspection/Books & Records Granted with an Accepted Offer. 4) Submit Proof of Funds & Pre-Qualification Letter with Offer. 5) Seller Selects all Services Disclaimer: All information has been secured from sources we believe to be reliable. However, we make no representation or warranties, expressed or implied, as to the accuracy of the information. References to square footage

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 3 - -
3+1 1 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
041-4142-009-00
Land Assessment
$255,581
Improvements Assessment
$596,356
Total Assessment
$851,937
  • Listing ID: 15368528

  • Date on Market: 3/6/2019

  • Last Updated:

  • Address: 1035 76th Ave, Oakland, CA 94621

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