200 Montecito Ave | Oakland, CA 94610
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- LoopNet Team
200 Montecito Ave
Oakland, CA 94610
Multifamily Property For Sale
·
21 Units
INVESTMENT HIGHLIGHTS
- Large Units: 81 Percent Two-Bedroom Units and 1,067 Square Foot Average Unit Size
- Rental Upside: 41.8 Percent Potential Rental Upside Offers Durable Current NOI and Strong Growth Potential
- All units have fireplaces and balconies
- Ideal Adam’s Point Location: Two Blocks to Lake Merritt, Whole Foods, and Equator Coffee
- Showings: Thurs 8/11 (10AM to Noon) & Wed 8/17 (Noon to 2PM)
- City of Oakland has approved soft-story exemption
PROPERTY FACTS
| No. Units | 21 | Building Size | 26,240 SF |
| Property Type | Multifamily | Average Occupancy | 90% |
| Property Subtype | Apartment | No. Stories | 6 |
| Apartment Style | Mid-Rise | Year Built | 1967 |
| Building Class | C | Parking Ratio | 0.8/1,000 SF |
| Lot Size | 0.25 AC |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 26,240 SF |
| Average Occupancy | 90% |
| No. Stories | 6 |
| Year Built | 1967 |
| Parking Ratio | 0.8/1,000 SF |
AMENITIES
UNIT AMENITIES
- Balcony
- Dishwasher
- Heating
- Kitchen
- Range
- Views
- Walk-In Closets
- Dining Room
SITE AMENITIES
- Controlled Access
- Gated
- Disposal Chutes
- Elevator
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | $2,400 | 800 |
| 2+1 | 16 | $3,250 | 1,100 |
| 2+2 | 1 | $5,000 | 1,600 |
PROPERTY TAXES
| Parcel Number | 010-0773-001-00 | Improvements Assessment | $5,758,093 |
| Land Assessment | $2,476,152 | Total Assessment | $8,244,850 |
PROPERTY TAXES
Parcel Number
010-0773-001-00
Land Assessment
$2,476,152
Improvements Assessment
$5,758,093
Total Assessment
$8,244,850
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