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1165 71st Ave
Oakland, CA 94621
6.23% Current Cap Rate + 80% Upside · Multifamily Property For Sale · 4 Units

Investment Highlights

  • Extremely rare unit mix: [4] 3 bedroom, 1 bathroom units
  • 80%+ Upside in Gross Rental Income
  • Exterior of building recently painted | Unit A & D - New Paint & Carpet
  • 6% Current Cap Rate with Upside to 12% Cap Rate
  • 4 off-street parking spaces
  • 4 new water heaters installed in May 2021 | Sidewalk & Sewer Lateral Compliant

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 3,696 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1965/2020
Parking Ratio 1.08/1,000 SF
Zoning RD-2

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+1 4 - -

Property Taxes

Property Taxes

Parcel Number
041-4133-025-00
Land Assessment
$296,074
Improvements Assessment
$690,841
Total Assessment
$986,915
  • Listing ID: 23376339

  • Date on Market: 6/11/2021

  • Last Updated:

  • Address: 1165 71st Ave, Oakland, CA 94621

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