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2443 Grande Vista Ave 4 Unit Apartment Building $950,000 ($237,500/Unit) 7.54% Cap Rate Oakland, CA 94601
EXECUTIVE SUMMARY
This 4-unit multi-residential building was built in 1966 and is centrally located in Oakland’s Meadow Brook neighborhood. The property consists of three (3) 2-bedroom/1-bath units and one (1) spacious 3-bedroom/2-bath owner’s unit.
Key features include four covered parking spaces, a shared laundry room, and a low-maintenance backyard with garden and seating area—amenities that support tenant retention and long-term value. Three units will be delivered vacant.
Key features include four covered parking spaces, a shared laundry room, and a low-maintenance backyard with garden and seating area—amenities that support tenant retention and long-term value. Three units will be delivered vacant.
PROPERTY FACTS
| Price | $950,000 | Apartment Style | Low-Rise |
| Price Per Unit | $237,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Cap Rate | 7.54% | Building Size | 2,898 SF |
| Gross Rent Multiplier | 9.15 | Average Occupancy | 25% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1966/2018 |
| Property Subtype | Apartment | Parking Ratio | 1.38/1,000 SF |
| Zoning | RM-2 - Residential Mixed Housing | ||
| Price | $950,000 |
| Price Per Unit | $237,500 |
| Sale Type | Investment |
| Cap Rate | 7.54% |
| Gross Rent Multiplier | 9.15 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 2,898 SF |
| Average Occupancy | 25% |
| No. Stories | 2 |
| Year Built/Renovated | 1966/2018 |
| Parking Ratio | 1.38/1,000 SF |
| Zoning | RM-2 - Residential Mixed Housing |
AMENITIES
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 3 | - | 672 |
| 3+2 | 1 | - | 882 |
1 1
Walk Score®
Very Walkable (74)
PROPERTY TAXES
| Parcel Number | 026-0779-011-00 | Improvements Assessment | $863,771 |
| Land Assessment | $370,187 | Total Assessment | $1,233,958 |
PROPERTY TAXES
Parcel Number
026-0779-011-00
Land Assessment
$370,187
Improvements Assessment
$863,771
Total Assessment
$1,233,958
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2443 Grande Vista Ave
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