1942 47th Ave
Oakland, CA 94601
UPDATED - NOW 5.36 CAP - Open June 8th @ 11am · Multifamily Property For Sale
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16 Units
Property Facts
| No. Units | 16 | Building Size | 7,476 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1925 |
| Building Class | C | Parking Ratio | 0.44/1,000 SF |
| Lot Size | 0.18 AC | ||
| Zoning | RM-3, Oakland | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 7,476 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built | 1925 |
| Parking Ratio | 0.44/1,000 SF |
| Zoning | RM-3, Oakland |
Amenities
Unit Amenities
- Heating
- Kitchen
- Range
Site Amenities
- Laundry Facilities
About 1942 47TH AVE , OAKLAND, CA 94601
NEW CAP, RENT ROLL, AND PRO-FORMA RENTS - Vacant studio unit was just rented for $1,295! Pro Forma 8.28% CAP! Well-maintained 1920' s apartment building consisting of 16 studio units. The property is located across from Fremont High School, near the intersection of High and Foothill. The property has had recent major repairs and improvements, including the roof, drainage, water heater, sewer lateral, and front façade. Many of the units are remodeled and generating near-market rents. The basement area has room for a new owner to install tenant storage, expanded laundry facilities, and more. The property is easily accessible to HWY 880 and Fruitvale Bart. Local amenities include the Oakland Library, YMCA, Mi Pueblo Supermarket, 7-Eleven, and retail shops and restaurants along International Blvd. Located in Oakland's Fremont District, the property is centrally located off 880, with easy access to Downtown Oakland and San Francisco to the West, as well as San Leandro, Alameda, Hayward, and Fremont.
Property Taxes
| Parcel Number | 035-2405-019-00 | Improvements Assessment | $1,150,781 |
| Land Assessment | $910,248 | Total Assessment | $2,064,709 |
Property Taxes
