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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 | 1965/2017 |
| 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 | 1965/2017 |
| 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
Global I.N. Inc. is proud to present to a select group of qualified investors the opportunity to acquire 2328 Seminary Avenue, a 45-unit apartment community located in the vibrant Middle East Oakland neighborhood of Seminary, one of the nation’s fastest growing rental markets. This well-maintained and attractive property consists of 30 two-bedroom-one-bath units at 800 square feet, and 15 one-bedroom-one-bath units at 675 square feet each, respectively. The gated community is set back from the street, and includes a courtyard with lawn area, attractive landscaping, new LED lighting in common areas, smoke-free units, a security system, as well as an elevator. There are newly renovated card-operated laundry facilities for the convenience of the residents. The rents are substantially below market which leaves room for major upside.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 15 | $1,135 | 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
