2144 High St | Oakland, CA 94601
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- LoopNet Team
2144 High St
Oakland, CA 94601
$50,000 PRICE REDUCTION · Multifamily Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- Total Investment Return of 8.72%
- 6.06% In-Place Cap rate
- Strong Unit mix of (4) 2x1 & (1) 3x2
- $266 per square foot, priced to sell
- 6.03% Cash-on-Cash Return
- Current rents are approximately 30% below market providing a tremendous opportunity to increase income.
PROPERTY FACTS
| No. Units | 5 | Building Size | 4,329 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 0.92/1,000 SF |
| Lot Size | 0.13 AC | ||
| Zoning | R50, Oakland | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 4,329 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 0.92/1,000 SF |
| Zoning | R50, Oakland |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
| 3+2 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 032-2047-030-00 | Improvements Assessment | $325,453 |
| Land Assessment | $216,969 | Total Assessment | $542,422 |
PROPERTY TAXES
Parcel Number
032-2047-030-00
Land Assessment
$216,969
Improvements Assessment
$325,453
Total Assessment
$542,422
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