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100% Vacant - 13 Unit Multifamily Building 2332-2336 International blvd 13 Unit Apartment Building $1,495,000 ($115,000/Unit) 18.74% Cap Rate Oakland, CA 94601
Investment Highlights
- 100% Vacant - 13 Units in Total
- Great opportunity for a Contractor or Savvy Investor
- Strong Unit Mix of All 2BR/1BA Units
- 5 Buildings across 2 Parcels
- Strong Value-Add Oppurtunity
- 94 Walk Score (Walker's Paradise)
Executive Summary
2332–2336 International Blvd — A rare value-add opportunity for the investor ready to reposition an entire property at scale.
All 13 units are currently vacant, spread across 5 buildings on two parcels. The property previously experienced break-ins and squatters, resulting in damage throughout. It has since been fully vacated, leaving a blank canvas for the next owner to renovate the units and lease everything up at market rate.
Property layout:
2324–2332 International — 6-unit building fronting International, plus two free-standing structures in the rear (one non-conforming).
2334–2336 International — 3-unit building fronting International, plus a newly constructed free-standing duplex in the rear (built prior to the break-ins).
For additional information, photos, or to schedule a tour, please contact connor@capstone-props.com.
All 13 units are currently vacant, spread across 5 buildings on two parcels. The property previously experienced break-ins and squatters, resulting in damage throughout. It has since been fully vacated, leaving a blank canvas for the next owner to renovate the units and lease everything up at market rate.
Property layout:
2324–2332 International — 6-unit building fronting International, plus two free-standing structures in the rear (one non-conforming).
2334–2336 International — 3-unit building fronting International, plus a newly constructed free-standing duplex in the rear (built prior to the break-ins).
For additional information, photos, or to schedule a tour, please contact connor@capstone-props.com.
Property Facts
| Price | $1,495,000 | Property Subtype | Apartment |
| Price Per Unit | $115,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.27 AC |
| Cap Rate | 18.74% | Building Size | 12,025 SF |
| Sale Condition | High Vacancy Property | No. Stories | 2 |
| Gross Rent Multiplier | 5.91 | Year Built | 1909 |
| No. Units | 13 | Parking Ratio | 0.17/1,000 SF |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Zoning | R40 | ||
| Price | $1,495,000 |
| Price Per Unit | $115,000 |
| Sale Type | Investment |
| Cap Rate | 18.74% |
| Sale Condition | High Vacancy Property |
| Gross Rent Multiplier | 5.91 |
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 12,025 SF |
| No. Stories | 2 |
| Year Built | 1909 |
| Parking Ratio | 0.17/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R40 |
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Moderately walkable
60/100
Exceptionally drivable
100/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,065,859 | |
| Land Assessment | $348,770 | Total Assessment | $1,414,629 |
Property Taxes
Parcel Numbers
Land Assessment
$348,770
Improvements Assessment
$1,065,859
Total Assessment
$1,414,629
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Photos
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Street
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Contact the Sale Advisor
100% Vacant - 13 Unit Multifamily Building | 2332-2336 International blvd