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3227-3231 Telegraph Ave 6 Unit Apartment Building $1,700,000 ($283,333/Unit) 6.80% Cap Rate Oakland, CA 94609

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INVESTMENT HIGHLIGHTS

  • Close proximity to Hwy 24 & 580

EXECUTIVE SUMMARY

Discover a lucrative investment opportunity at 3231 Telegraph Ave, Oakland, CA 94609. This well-maintained 6-unit building offers a strong rental income stream in a highly desirable location. Appraised at $1,620,000 in 2019.
Building Highlights:
Solid Construction: Constructed with durable materials, ensuring long-term stability and minimal maintenance.
Excellent Location: Situated on Telegraph Avenue, a vibrant corridor with high foot traffic and easy access to public transportation, shops, restaurants, and entertainment.
Strong Rental Demand: High demand for rental units in this sought-after Oakland neighborhood.
Potential for Value-Add: Explore opportunities to increase rental income through renovations or unit upgrades.
Investment Potential:
Stable Cash Flow: Generate consistent rental income with strong potential for appreciation.
High Occupancy Rates: Benefit from high demand and maintain consistent occupancy.
Limited Competition: Secure a valuable asset in a competitive market.
Don't miss this chance to acquire a profitable multi-family property in a prime Oakland location. Contact us today to schedule a viewing.

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS

Price $1,700,000
Price Per Unit $283,333
Sale Type Investment
Cap Rate 6.80%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.09 AC
Building Size 5,392 SF
Average Occupancy 100%
No. Stories 2
Year Built 1906
Parking Ratio 0.33/1,000 SF
Zoning C-40, Oakland - Rural commercial

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Range

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Walk-Up
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 1 $1,350 650
1+1 4 $5,590 2,650
3+1 1 $2,719 1,500
Walk Score®
Walker's Paradise (93)
Transit Score®
Excellent Transit (70)
Bike Score®
Very Bikeable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
009-0716-002-00
Land Assessment
$329,670
Improvements Assessment
$770,983
Total Assessment
$1,100,653
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 34111573

  • Date on Market: 12/6/2024

  • Last Updated:

  • Address: 3227-3231 Telegraph Ave, Oakland, CA 94609

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