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Just Listed | 7% CAP RATE | 6 Units | Oakland 3016 Brookdale Ave 6 Unit Apartment Building $1,050,000 ($175,000/Unit) 7.07% Cap Rate Oakland, CA 94602
Investment Highlights
- 6 Units | 5,100 SF Building | Built in 1963
- Individually Metered for Gas and Electric
- Quiet Residential Street
- (1) Three Bedroom, One Bathroom Unit | (3) Two Bedrooms, One Bathroom Units | (2) One Bedroom One Bathroom Units
- Desirable Dimond District Location
- Minutes from Fruitvale and MacArthur Blvd
Executive Summary
3016 Brookdale Avenue is a six-unit property in Oakland’s Dimond District, featuring one 3-bedroom/ 1 bath unit, three 2-bedroom/1-bath units, and two 1-bedroom/1-bath units, each individually metered for gas and electric. Located on a quiet, tree-lined residential street. Just minutes from Fruitvale and MacArthur Boulevards, residents have easy access to local favorites like Farmer Joe’s Marketplace, La Farine Bakery, Dimond Park, and a variety of shops, cafés, and essential services, offering a great mix of neighborhood charm and urban convenience.
Disclosures: https://app.disclosures.io/link/3016-Brookdale-Avenue-bgyz73ei
Please DO NOT DISTURB Occupants.
OFFERS: Offers will be reviewed upon receipt.
Submit Offers Here: https://app.disclosures.io/link/3016-Brookdale-Avenue-bgyz73ei
Disclosures: https://app.disclosures.io/link/3016-Brookdale-Avenue-bgyz73ei
Please DO NOT DISTURB Occupants.
OFFERS: Offers will be reviewed upon receipt.
Submit Offers Here: https://app.disclosures.io/link/3016-Brookdale-Avenue-bgyz73ei
Property Facts
| Price | $1,050,000 | Apartment Style | Low-Rise |
| Price Per Unit | $175,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.20 AC |
| Cap Rate | 7.07% | Building Size | 5,100 SF |
| Gross Rent Multiplier | 8.38 | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1963 |
| Property Subtype | Apartment | Parking Ratio | 1.17/1,000 SF |
| Zoning | R-50, Oakland | ||
| Price | $1,050,000 |
| Price Per Unit | $175,000 |
| Sale Type | Investment |
| Cap Rate | 7.07% |
| Gross Rent Multiplier | 8.38 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 5,100 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.17/1,000 SF |
| Zoning | R-50, Oakland |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 3 | - | - |
| 3+2 | 1 | - | - |
1 1
Moderately walkable
60/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 027-0855-012-00 | Improvements Assessment | $682,409 |
| Land Assessment | $348,168 | Total Assessment | $1,030,577 |
Property Taxes
Parcel Number
027-0855-012-00
Land Assessment
$348,168
Improvements Assessment
$682,409
Total Assessment
$1,030,577
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