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3222 E 27th St
Oakland, CA 94601
Multifamily Property For Sale
·
5 Units
Property Facts
| No. Units | 5 | Building Size | 5,405 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 1.11/1,000 SF |
| Lot Size | 1.70 AC | ||
| Zoning | RM-3 - Multi Family Residential | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.70 AC |
| Building Size | 5,405 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.11/1,000 SF |
| Zoning | RM-3 - Multi Family Residential |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
Site Amenities
- Private Bathroom
About 3222 E 27TH ST , OAKLAND, CA 94601
Lee & Associates is pleased to offer an excellent Investor or Owner occupant opportunity in the Fruitvale Area. Located at the end of a quiet cul-de-sac, this 5-unit investment property consists of four (4) 2BR/1BA and one (1) two-story 3BR/1.5BA with a private yard. Built-in 1964, the asset has been well maintained by current ownership and seen recent capital improvements that include updated windows throughout and updated flooring, and appliances in some of the units. 3222 E 27th is located between Coolidge and Fruitvale Avenue and benefits from its proximity and easy access to the rapidly changing Fruitvale District and trendy Dimond District. Being located near Interstates 580 and 880, the property offers tenants a convenient commute to major employment centers as well as the Fruitvale BART Station. Current rents all well below market and a future owner will be able to take advantage of over 100% rental upside. Don’t miss this opportunity to acquire a well-maintained asset with untapped rental upside. CURRENT CAP 4.67% / MARKET CAP 9.24%
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
| 3+2 | 1 | - | - |
Property Taxes
| Parcel Number | 027-0846-058-00 | Improvements Assessment | $671,058 |
| Land Assessment | $338,130 | Total Assessment | $1,014,270 |
Property Taxes
