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3114 Ashbrook Ct
Oakland, CA 94601
Ashbrook Court Apartments · Multifamily Property For Sale
·
8 Units
Investment Highlights
- Electrical upgrades
- Parking garages
- Huge upside potential
Executive Summary
Bos Group is proud to present 3114 Ashbrook Ct, an 8-unit multifamily property in Oakland's Fruitvale corridor offered at $1,275,000. The property features a unit mix of (6) 1x1, (1) 2x1, and(1)Studio with current in-place monthly income of $11,034. The asset sits within walking distance of Fruitvale BART Station (~0.9 mi) with direct rail access to San Francisco, Berkeley, and the greater Bay Area, and is positioned less than one mile from both I-580 and I-880 for convenient regional freeway access. The property has five garage parking spaces, on-site laundry and unrented storage units.
Property Facts
| Price Per Unit | $159,375 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Cap Rate | 6.75% | Building Size | 4,178 SF |
| Gross Rent Multiplier | 9.44 | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1952 |
| Property Subtype | Apartment | Parking Ratio | 1.2/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RM-4 | ||
| Price Per Unit | $159,375 |
| Sale Type | Investment |
| Cap Rate | 6.75% |
| Gross Rent Multiplier | 9.44 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 4,178 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1952 |
| Parking Ratio | 1.2/1,000 SF |
| Zoning | RM-4 |
Amenities
Unit Amenities
- Air Conditioning
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
| 2+1 | 1 | - | - |
| Studios | 1 | - | - |
Property Taxes
| Parcel Number | 026-0766-005-01 | Improvements Assessment | $818,035 |
| Land Assessment | $546,815 | Total Assessment | $1,364,850 |
Property Taxes
Parcel Number
026-0766-005-01
Land Assessment
$546,815
Improvements Assessment
$818,035
Total Assessment
$1,364,850
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