2112 35th Ave | Oakland, CA 94601
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- LoopNet Team
2112 35th Ave
Oakland, CA 94601
7-Units with Excellent Cash Flow - 8.36% Cap · Multifamily Property For Sale
·
7 Units
INVESTMENT HIGHLIGHTS
- 7-unit Apartment Complex Featuring Three 2bd/1bth Units and Four 1bd/1bth Units with Strong Current Income and Excellent Rental Upside
- Low Maintenance Property Separately Metered for PG&E with Low Annual Operating Expenses
- 100% Occupied Building with Friendly, Stable Tenants
- Remodeled Units with Newer Kitchens, Bathrooms, Paint, Wood Floors, Double Pane Windows, a Newer Roof, and More
- Attractive Location Near Lake Merritt, BART, Restaurants, Coffee Shops, and Shopping Options
PROPERTY FACTS
| No. Units | 7 | Building Size | 4,850 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 1.86/1,000 SF |
| Lot Size | 0.15 AC | ||
| Zoning | R50, Oakland - Medium Density Residential Zone | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 4,850 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1961 |
| Parking Ratio | 1.86/1,000 SF |
| Zoning | R50, Oakland - Medium Density Residential Zone |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Maintenance on site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | 650 |
| 2+1 | 3 | - | 750 |
PROPERTY TAXES
| Parcel Number | 032-2112-002-00 | Improvements Assessment | $599,625 |
| Land Assessment | $512,014 | Total Assessment | $1,111,639 |
PROPERTY TAXES
Parcel Number
032-2112-002-00
Land Assessment
$512,014
Improvements Assessment
$599,625
Total Assessment
$1,111,639
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