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2023 80th Ave
Oakland, CA 94621
Multifamily Property For Sale
·
5 Units
Investment Highlights
- Very Strong Unit Mix featuring a (1) spacious 4BR/3BA unit and (4) 2BR/1BA units
- Gated off-street 1:1 parking
- Qualified Opportunity Zone - Providing path to substantial Tax Benefits
- Exceptional Day 1 Cash Flow - In place 8.39% CAP Rate & 7.9 GRM
- Three Section 8 tenants
Property Facts
| No. Units | 5 | Building Size | 4,140 SF |
| Property Type | Multifamily | Average Occupancy | 80% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 1.45/1,000 SF |
| Lot Size | 0.14 AC | ||
| Zoning | N/Av, Oakland | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,140 SF |
| Average Occupancy | 80% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.45/1,000 SF |
| Zoning | N/Av, Oakland |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | 711 |
| 4+2 | 1 | - | 1,059 |
Property Taxes
| Parcel Number | 040-3378-011-01 | Improvements Assessment | $947,500 |
| Land Assessment | $200,000 | Total Assessment | $1,147,500 |
Property Taxes
Parcel Number
040-3378-011-01
Land Assessment
$200,000
Improvements Assessment
$947,500
Total Assessment
$1,147,500
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