This Multifamily Property is no longer advertised on LoopNet.com.

2901-2907 Nicol Ave
Oakland, CA 94602
Multifamily Property For Sale · 8 Units

Investment Highlights

  • Two adjacent 4-unit buildings on one parcel
  • 10% cap rate on market rents!
  • Convenient access to I-580 and other Transit Options
  • 8-unit property located in the Dimond District
  • 8.86 GRM day one
  • Ease of management and low maintenance property

Property Facts

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 4,610 SF
No. Stories 2
Year Built 1940
Parking Ratio 1.74/1,000 SF
Zoning RM-3 - 7700 - Multiple Residential Building

Amenities

Site Amenities

  • Smoke Free

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 - 575

Property Taxes

Property Taxes

Parcel Number
027-0855-024-00
Land Assessment
$281,203
Improvements Assessment
$656,064
Total Assessment
$937,267
  • Listing ID: 35349137

  • Date on Market: 4/2/2025

  • Last Updated:

  • Address: 2901-2907 Nicol Ave, Oakland, CA 94602

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}