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1664 35th Ave
Oakland, CA 94601
Multifamily Property For Sale
·
5 Units
Investment Highlights
- 26% Upside in the Rents
- Existing Cash on Cash Return 6.5% Market Cash on Cash Return 16.6%
- High growth city and area influencing great appreciation potential
- Existing Cap 6.7%, Market Cap 9.7%
- Existing Gross Rent Multiplier 11.2 Market Gross Rent Multiplier 8.36
- No deferred maintenance - Easy Management
Property Facts
| No. Units | 5 | Building Size | 4,316 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | No. Stories | 2 | |
| Building Class | B | Year Built | 1951 |
| Lot Size | 0.15 AC |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | |
| Building Class | B |
| Lot Size | 0.15 AC |
| Building Size | 4,316 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1951 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 2 | - | - |
| 3+1 | 1 | - | - |
| 3+2 | 1 | - | - |
Property Taxes
| Parcel Number | 033-2129-020-02 | Improvements Assessment | $791,520 |
| Land Assessment | $408,000 | Total Assessment | $1,199,520 |
Property Taxes
Parcel Number
033-2129-020-02
Land Assessment
$408,000
Improvements Assessment
$791,520
Total Assessment
$1,199,520
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