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

1811 27th Ave
Oakland, CA 94601
27th Avenue Apartments · Multifamily Property For Sale · 44 Units

Investment Highlights

  • 6.35% Cash on Cash Day 1 Return
  • 5.80% Cap / 10.20 GRM (Current)
  • $6.0MM of Assumable Debt at 3.54% through March
  • 18.48% Embedded Rental Upside

Property Facts

No. Units 44
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.22 AC
Building Size 24,275 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1950/1988
Zoning C-30, Oakland

Amenities

Unit Amenities

  • Heating
  • Kitchen
  • Granite Countertops
  • Sprinkler System
  • Range
  • Tub/Shower
  • Vinyl Flooring

Site Amenities

  • 24 Hour Access
  • Security System
  • Gated

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 4 - 431
1+1 34 - 471
2+1 6 - 608

Property Taxes

Property Taxes

Parcel Number
025-0734-009-00
Land Assessment
$2,868,000
Improvements Assessment
$4,293,200
Total Assessment
$7,173,118
  • Listing ID: 27650543

  • Date on Market: 2/1/2023

  • Last Updated:

  • Address: 1811 27th Ave, Oakland, CA 94601

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