1058 70th Ave | Oakland, CA 94621
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- LoopNet Team
1058 70th Ave
Oakland, CA 94621
70th Avenue Apartments · Multifamily Property For Sale
·
8 Units
Investment Highlights
- Eight 3bd/2bth Apartments of 1,089 +/- Square Feet w/ 9.17% Current Cap Rate!
- Private Security Gate, 16 Off-Street Parking Spots, and Set on a Massive 20,000 SF Lot
- Section 8 Tenants Prevent Rent Control, Non Payment & Excessive City Fees
- All Units Fully Renovated Between 2019-2023, Featuring Updated Kitchens, Bathrooms, and W/D Hookups
- Separately Metered for PG&E and Water, Helping Minimize Landlord Expenses
- Located in an Opportunity Zone Offering Major Tax Benefits
Property Facts
| No. Units | 8 | Lot Size | 0.46 AC |
| Property Type | Multifamily | Building Size | 8,712 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1926/2019 |
| Building Class | C | Parking Ratio | 0.92/1,000 SF |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 8,712 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1926/2019 |
| Parking Ratio | 0.92/1,000 SF |
Amenities
Site Amenities
- Smoke Free
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 8 | - | 1,089 |
Property Taxes
| Parcel Number | 041-4148-063-00 | Improvements Assessment | $892,500 |
| Land Assessment | $382,500 | Total Assessment | $1,275,000 |
Property Taxes
Parcel Number
041-4148-063-00
Land Assessment
$382,500
Improvements Assessment
$892,500
Total Assessment
$1,275,000
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