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237-263 41st St
Oakland, CA 94611
UNDER CONTRACT · Multifamily Property For Sale
·
24 Units
Investment Highlights
- A twenty-four-unit apartment building with a mix of one and two bedroom units
- Individually metered for gas/electricity and each unit is equipped with its own hot water heater
- Property features a 99 walk score and is considered a “Walker’s Paradise” by walkscore.com
- Amenities include 23 covered parking spaces, storage closets, and two on-site laundry rooms
- Over $170,000 in annual rental upside allowing a new owner to maximize their return over time
- Excellent location steps from Piedmont Avenue, Oakland's premier shopping district
Property Facts
| No. Units | 24 | Building Size | 28,399 SF |
| Property Type | Multifamily | Average Occupancy | 87% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1956 |
| Building Class | C | Parking Ratio | 0.57/1,000 SF |
| Lot Size | 0.69 AC | ||
| Zoning | R70 | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.69 AC |
| Building Size | 28,399 SF |
| Average Occupancy | 87% |
| No. Stories | 2 |
| Year Built | 1956 |
| Parking Ratio | 0.57/1,000 SF |
| Zoning | R70 |
Amenities
Unit Amenities
- Balcony
- Heating
- Kitchen
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 22 | - | 540 - 756 |
| 2+1 | 2 | - | 820 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $8,431,320 | |
| Land Assessment | $3,427,200 | Total Assessment | $11,877,960 |
Property Taxes
Parcel Numbers
Land Assessment
$3,427,200
Improvements Assessment
$8,431,320
Total Assessment
$11,877,960
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