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- LoopNet Team
3012-3020 E 18th St
Oakland, CA 94601
San Jose Apartments Renovations Complete · Multifamily Property For Sale
·
21 Units
INVESTMENT HIGHLIGHTS
- Best neighborhood in Fruitvale on dead end street. No through traffic
- Private parking and entry. 22 parking spots in back of building.
- All units have separate gas and PG&E meters. Low overhead costs
- Large, spacious one and two bedroom units. Open Air two story. No studios or common hallways
- All units have vinyl windows, laminate flooring and updated upon turnover
- Most units have deferred banking from 6 to 10 percent.
PROPERTY FACTS
| No. Units | 21 | Building Size | 13,762 SF |
| Property Type | Multifamily | Average Occupancy | 80% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1965 |
| Building Class | C | Parking Ratio | 1.53/1,000 SF |
| Lot Size | 0.42 AC | ||
| Zoning | R40, Oakland - Prime 21 unit building on 2 separate parcels, 3012-3020 E.18th street | ||
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.42 AC |
| Building Size | 13,762 SF |
| Average Occupancy | 80% |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 1.53/1,000 SF |
| Zoning | R40, Oakland - Prime 21 unit building on 2 separate parcels, 3012-3020 E.18th street |
AMENITIES
UNIT AMENITIES
- Cable Ready
- Storage Space
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Double Pane Windows
- Skylights
- Smoke Free
- Vinyl Flooring
- Window Coverings
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Fenced Lot
- Laundry Facilities
- Gated
- Gas Range
ABOUT 3012-3020 E 18TH ST , OAKLAND, CA 94601
Prime Location, 3 blocks from BART, Opportunity Zone, Open air, 2 story buildings, potential ADU. The property offers on-site laundry and on-site gated parking in back of building. Best building in Oakland/Fruitvale district. * Monthly Rental Income is $33,100. With Vacant units at Market. ($397,200. Gross income) GRM 10.83. Pro forma Monthly Rental Income $46,500. ($558,000.Gross income. Pro forma. GRM 7.7! Best Price in Oakland Fruitvale/opportunity zone district($ 205. unit and $ 312. SF). Best Location and Parking, too!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 15 | $2,013 | - |
| 2+1 | 6 | $2,550 | - |
PROPERTY TAXES
| Parcel Number | 025-0725-018-01 | Improvements Assessment | $1,799,788 |
| Land Assessment | $731,734 | Total Assessment | $2,531,522 |
PROPERTY TAXES
