This Multifamily Property is no longer advertised on LoopNet.com.

1757 26th Ave
Oakland, CA 94601
The Kensington Plaza · Multifamily Property For Sale · 39 Units

Investment Highlights

  • 33% Upside in the Rents
  • Existing Cash on Cash Return 5% Market Cash on Cash Return 14%
  • High growth city and area influencing great appreciation potential
  • Existing Cap 6%, Market Cap 10.35%
  • Existing Gross Rent Multiplier 11.8 Market Gross Rent Multiplier 8
  • No deferred maintenance - Easy Management

Property Facts

No. Units 39
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
Apartment Style Low-Rise
Building Class C
Lot Size 0.26 AC
Building Size 25,447 SF
Average Occupancy 97%
No. Stories 3
Year Built 1938
Zoning R30, Oakland - Residential

Amenities

Unit Amenities

  • Microwave
  • Heating
  • Ceiling Fans
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Carpet
  • Vinyl Flooring

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 8 - -
1+1 17 - -
2+1 11 - -
2+2 3 - -

Property Taxes

Property Taxes

Parcel Number
025-0734-001-00
Land Assessment
$769,612
Improvements Assessment
$2,247,268
Total Assessment
$3,034,075
  • Listing ID: 29361546

  • Date on Market: 8/24/2023

  • Last Updated:

  • Address: 1757 26th Ave, Oakland, CA 94601

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