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1212 12th St
Oakland, CA 94607
**UNDER CONTRACT** · Multifamily Property For Sale
·
6 Units
PROPERTY FACTS
| No. Units | 6 | Building Size | 4,654 SF |
| Property Type | Multifamily | Average Occupancy | 33% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 1.29/1,000 SF |
| Lot Size | 0.14 AC | ||
| Zoning | RM-2/S-20 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,654 SF |
| Average Occupancy | 33% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.29/1,000 SF |
| Zoning | RM-2/S-20 |
AMENITIES
UNIT AMENITIES
- Kitchen
- Granite Countertops
- Hardwood Floors
- Range
SITE AMENITIES
- Laundry Facilities
ABOUT 1212 12TH ST , OAKLAND, CA 94607
The Mitchell Warren team is pleased to present 1212 12th Street. Located in a thriving West Oakland location, this property consists of one (1) 3bd/2ba unit, four (4) 2bd/1ba units, one (1) 1bd/1ba unit, and six (6) off-street parking spaces. The property offers beautifully remodeled units with granite countertops, upgraded laminate flooring, and energy-efficient vinyl windows. In addition, FOUR UNITS WILL BE DELIVERED VACANT allowing the new owner to capture market-rate rents. This is an amazing opportunity to acquire a turn-key asset with a strong in-place return. 1212 12th Street is located in West Oakland. This attractive location is ideal for tenants commuting to all points of the Bay Area due to its central location right off the 880 freeway. Commuters utilizing public transportation will see the benefit of living near city bus lines and being ONLY 0.8 miles from the 12th Street BART station. In addition, the property is a short walk to Downtown amenities allowing endless shopping and restaurant choices. Because of this property's appealing location, it will continue to demand premium tenants and maintain a very low vacancy rate.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | - | 650 |
| 2+1 | 4 | - | 750 - 800 |
| 3+2 | 1 | - | 1,050 |
PROPERTY TAXES
| Parcel Number | 004-0037-018-00 | Improvements Assessment | $1,304,532 |
| Land Assessment | $746,869 | Total Assessment | $2,051,401 |
PROPERTY TAXES
