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2328 Seminary Ave
Oakland, CA 94605
Multifamily Property For Sale
·
45 Units
PROPERTY FACTS
| No. Units | 45 | Building Size | 35,814 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1965/2016 |
| Building Class | C | Parking Ratio | 1.28/1,000 SF |
| Lot Size | 0.77 AC | ||
| Zoning | RM-4 - The intent of the RM-4 Zone is to create, maintain, and enhance residential areas typically located on or near the City's major arterials. | ||
| No. Units | 45 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.77 AC |
| Building Size | 35,814 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1965/2016 |
| Parking Ratio | 1.28/1,000 SF |
| Zoning | RM-4 - The intent of the RM-4 Zone is to create, maintain, and enhance residential areas typically located on or near the City's major arterials. |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Heating
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Linen Closet
- Patio
- Smoke Free
SITE AMENITIES
- Controlled Access
- Courtyard
- Laundry Facilities
- Property Manager on Site
- Security System
- Gated
- Pet Play Area
- Smoke Free
- Elevator
ABOUT 2328 SEMINARY AVE , OAKLAND, CA 94605
This well-maintained and attractive property consists of 15 one-bedroom-one-bath units at 675 square feet each, and 30 two-bedroom-one-bath units at 800 square feet, respectively. The gated lot is set back from the street, and includes courtyard with lawn area, attractive landscaping, new LED lighting in common areas, laundry facilities, smoke-free units, security system, and elevators. A new elevator hydraulic shaft system was installed when the ownership bought the property in the late 2000’s. In 2016, the ownership used the Green Energy Program to install new commercial water heaters, new washers and dryers, LED lighting in common areas, new insulation, and new low flow showers and faucets heads. Planned projects include installing low flow toilets, double pane windows and solar panels. There is major upside on rents.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 15 | $1,063 | 675 |
| 2+1 | 30 | $1,394 | 800 |
PROPERTY TAXES
| Parcel Number | 038-3207-004-00 | Improvements Assessment | $19,315 |
| Land Assessment | $4,155,954 | Total Assessment | $4,190,508 |
PROPERTY TAXES
