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1757 26th Ave
Oakland, CA 94601
DESPERATE/MUST SELL - MOTIVATED SELLER · Multifamily Property For Sale
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39 Units
Investment Highlights
- DESPERATE/MUST SELL - MOTIVATED SELLER
- Existing Cap 7.3%, Market Cap 12%
- Existing Gross Rent Multiplier 8.9 Market Gross Rent Multiplier 6.4
- 33% Upside in the Rents
- Existing Cash on Cash Return 9% Market Cash on Cash Return 24%
- High growth city and area influencing great appreciation potential
Property Facts
| No. Units | 39 | Lot Size | 0.26 AC |
| Property Type | Multifamily | Building Size | 25,447 SF |
| Property Subtype | Apartment | Average Occupancy | 97% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1938 |
| Zoning | R30, Oakland - Residential | ||
| No. Units | 39 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| 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 | 9 | - | 600 |
| 1+1 | 18 | - | 750 |
| 2+1 | 8 | - | 1,000 |
| 2+2 | 4 | - | 1,000 |
Property Taxes
| Parcel Number | 025-0734-001-00 | Improvements Assessment | $2,247,268 |
| Land Assessment | $769,612 | Total Assessment | $3,034,075 |
Property Taxes
Parcel Number
025-0734-001-00
Land Assessment
$769,612
Improvements Assessment
$2,247,268
Total Assessment
$3,034,075
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