1501 51st Ave | Oakland, CA 94601
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- LoopNet Team
1501 51st Ave
Oakland, CA 94601
Fairfax Apartments · Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- 7% Current Cap Rate; 9% Market Cap Rate
- Four Spacious 2-bed/1-bath Units.
- Amenities: Laundry, Off-Street Parking.
- Well-Maintained Fourplex on a Quiet Street.
- Two Units Vacant, Allowing Market Rents or Owner Move-In.
- Potential for New Income from Parking/Storage.
PROPERTY FACTS
AMENITIES
SITE AMENITIES
- Fenced Lot
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | 800 |
PROPERTY TAXES
| Parcel Number | 035-2362-024-00 | Improvements Assessment | $782,901 |
| Land Assessment | $335,529 | Total Assessment | $1,118,430 |
PROPERTY TAXES
Parcel Number
035-2362-024-00
Land Assessment
$335,529
Improvements Assessment
$782,901
Total Assessment
$1,118,430
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