2268-2274 E 15th St | Oakland, CA 94606
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
2268-2274 E 15th St
Oakland, CA 94606
22 Units W/ Incredible Rent Growth Potential · Multifamily Property For Sale
·
22 Units
INVESTMENT HIGHLIGHTS
- RENOVATED, VALUE-ADD BUILDINGS WITH POTENTIAL FOR OVER 34% INCREASE IN RENTS AND 62% INCREASE IN NOI
- GOING IN PRICING FAR UNDER REPLACEMENT COST AT $176,727 PER UNIT
- TWO 11 UNIT BUILDINGS ON SEPARATE PARCELS PROVIDE OWNER EXPENSE RECOVERY WITH NO ON-SITE MANAGER REQUIRED
- ATTRACTIVE DEBT RATES YIELD POTENTIAL 10.40% CASH ON CASH RETURN
- MAJOR BUILDING IMPROVEMENTS INCLUDE NEW ROOF, SEISMIC RETROFIT, AND NEWLY RE-CONSTRUCTED AND RE-ENGINEERED CATWALKS
PROPERTY FACTS
| No. Units | 22 | Lot Size | 0.23 AC |
| Property Type | Multifamily | Building Size | 10,384 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1963/2005 |
| Building Class | B | Parking Ratio | 1.1/1,000 SF |
| Zoning | RM-2 | ||
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.23 AC |
| Building Size | 10,384 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1963/2005 |
| Parking Ratio | 1.1/1,000 SF |
| Zoning | RM-2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Heating
- Granite Countertops
- Refrigerator
- Range
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Laundry Facilities
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 16 | - | - |
| 2+1 | 4 | - | - |
| Studios | 2 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,625,408 | |
| Land Assessment | $1,130,177 | Total Assessment | $3,755,585 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,130,177
Improvements Assessment
$2,625,408
Total Assessment
$3,755,585
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
