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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 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 4,610 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1940 |
| Building Class | C | Parking Ratio | 1.74/1,000 SF |
| Zoning | RM-3 - 7700 - Multiple Residential Building | ||
| 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
| Parcel Number | 027-0855-024-00 | Improvements Assessment | $656,064 |
| Land Assessment | $281,203 | Total Assessment | $937,267 |
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
The School Multifamily Property at 2901-2907 Nicol Ave, Oakland, CA 94602 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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