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

1985 Pleasant Valley Ave
Oakland, CA 94611
The Grand at Rockridge · Multifamily Property For Sale · 27 Units

Investment Highlights

  • 10 of 27 units vacant
  • Additional income sources in parking, storage, & laundry
  • $1,000+ monthly banked rent increases available for year one
  • 25%+ IRR based on 3-year reposition
  • ADU conversion of office space available
  • Premier Oakland Rockridge location

Attachments

1BR, 1BA - 688SF
2BR, 1BA - 870SF

Property Facts

No. Units 27
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.45 AC
Building Size 20,317 SF
No. Stories 4
Year Built 1961
Parking Ratio 1.42/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 20 - 681
2+1 7 - 876

Property Taxes

Property Taxes

Parcel Number
013-1134-014-00
Land Assessment
$2,148,930
Improvements Assessment
$5,948,950
Total Assessment
$8,108,761
  • Listing ID: 23804901

  • Date on Market: 7/30/2021

  • Last Updated:

  • Address: 1985 Pleasant Valley Ave, Oakland, CA 94611

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