Log In/Sign Up
Your email has been sent.
2345 92nd Ave 11 Unit Apartment Building $1,700,000 ($154,545/Unit) 8.77% Cap Rate Oakland, CA 94603
Investment Highlights
- Strong income property that has been well-maintained by current ownership
- (4) Section-8 Tenants and (2) Vacant Units
- Upgraded electrical system
- All 1BR units with identical floor plans
- Seismic retrofit completed
- Convenient access to Oakland International Airport and I-580 & I-880 for easy Bay Area commuting
Executive Summary
PLEASE CONTACT THE LISTING AGENT AT CONNOR@CAPSTONE-PROPS.COM TO SCHEDULE A PRIVATE SHOWING AND TO RECIEVE ALL MARKETING INFORMATION
Property Facts
| Price | $1,700,000 | Building Class | C |
| Price Per Unit | $154,545 | Lot Size | 0.24 AC |
| Sale Type | Investment | Building Size | 17,216 SF |
| Cap Rate | 8.77% | Average Occupancy | 92% |
| Gross Rent Multiplier | 7.67 | No. Stories | 2 |
| No. Units | 11 | Year Built | 1963 |
| Property Type | Multifamily | Parking Ratio | 0.81/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | R50, Oakland | ||
| Price | $1,700,000 |
| Price Per Unit | $154,545 |
| Sale Type | Investment |
| Cap Rate | 8.77% |
| Gross Rent Multiplier | 7.67 |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 17,216 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 0.81/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R50, Oakland |
Amenities
Site Amenities
- Security System
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 11 | - | - |
1 1
Property Taxes
| Parcel Number | 046-5480-008-13 | Improvements Assessment | $370,848 |
| Land Assessment | $167,397 | Total Assessment | $538,245 |
Property Taxes
Parcel Number
046-5480-008-13
Land Assessment
$167,397
Improvements Assessment
$370,848
Total Assessment
$538,245
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
2345 92nd Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.