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

3142 Coolidge Ave
Oakland, CA 94602
10% Cash on Cash Day 1 · Multifamily Property For Sale · 6 Units

Investment Highlights

  • Tremendous Day 1 Cash on Cash Over 10%
  • Assumable Debt at 3.79%
  • Stable Tenant Base
  • 6.90% Cap Rate / 9.95 GRM (Current)
  • 8.24% Cap Rate / 8.24 GRM (Market)
  • Low Maintenance Propoerty

Property Facts

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.21 AC
Building Size 5,701 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1949/1989
Parking Ratio 1.33/1,000 SF

Amenities

Unit Amenities

  • Balcony
  • Washer/Dryer Hookup
  • Kitchen
  • Refrigerator
  • Oven
  • Basement

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Storage Space
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+1 5 - 775 - 900
4+2 1 - 1,200

Property Taxes

Property Taxes

Parcel Number
027-0861-018-00
Land Assessment
$254,895
Improvements Assessment
$615,690
Total Assessment
$870,585
  • Listing ID: 27808857

  • Date on Market: 2/22/2023

  • Last Updated:

  • Address: 3142 Coolidge Ave, Oakland, CA 94602

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