2451 Seminary Ave | Oakland, CA 94605
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2451 Seminary Ave
Oakland, CA 94605
8% CAP | $106k Per Unit | Motivated Seller · Multifamily Property For Sale
·
24 Units
INVESTMENT HIGHLIGHTS
- 8% CAP Rate on Current Income | $106,250 Per Unit
- Recently Renovated Units and Common Areas
- Separately Metered for Gas & Electric
- Motivated Seller
- New Interior Hallway Flooring | Newer Fire Panel – Recently Passed City of Oakland Fire Inspection
- Additional Garage/Storage Income
PROPERTY FACTS
| No. Units | 24 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 16,707 SF |
| Property Subtype | Apartment | Average Occupancy | 88% |
| Apartment Style | Mid-Rise | No. Stories | 4 |
| Building Class | C | Year Built | 1931 |
| Zoning | R-3, Oakland - Residential | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 16,707 SF |
| Average Occupancy | 88% |
| No. Stories | 4 |
| Year Built | 1931 |
| Zoning | R-3, Oakland - Residential |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Tub/Shower
SITE AMENITIES
- Laundry Facilities
- Smoke Free
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 6 | - | 475 |
| 1+1 | 17 | - | 650 |
| 2+1 | 1 | - | 800 |
PROPERTY TAXES
| Parcel Number | 038-3183-008-00 | Improvements Assessment | $1,605,488 |
| Land Assessment | $688,066 | Total Assessment | $2,304,738 |
PROPERTY TAXES
Parcel Number
038-3183-008-00
Land Assessment
$688,066
Improvements Assessment
$1,605,488
Total Assessment
$2,304,738
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