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2505-2525 10th Ave
Oakland, CA 94606
0 Property Taxes - 7.6% CAP - 9% $ on $ · Multifamily Property For Sale
·
35 Units
Investment Highlights
- Waiver of Ad Valorem Property Taxes
- Existing Gross Rent Multiplier 8.6 Market Gross Rent Multiplier 8.1
- Great Ivy Hill/Bella Vista Neighborhood
- Existing Cash on Cash Return 9 % Market Cash on Cash Return 11.2%
- Existing Cap 7.6%, Market Cap 8.3%
- COOPERATING WITH ALL BROKERS!!!
Property Facts
| No. Units | 35 | Building Size | 18,258 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1957 |
| Building Class | C | Parking Ratio | 1.92/1,000 SF |
| Lot Size | 0.54 AC | ||
| Zoning | R50 - High-density residential | ||
| No. Units | 35 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.54 AC |
| Building Size | 18,258 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 1.92/1,000 SF |
| Zoning | R50 - High-density residential |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 30 | - | - |
| 2+1 | 5 | - | - |
Property Taxes
| Parcel Number | 022-0342-020-05 | Improvements Assessment | $5,688,822 |
| Land Assessment | $2,437,985 | Total Assessment | $232,833 |
Property Taxes
Parcel Number
022-0342-020-05
Land Assessment
$2,437,985
Improvements Assessment
$5,688,822
Total Assessment
$232,833
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