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4 UNITS + 3 STORAGE SPACES W/ ADU POTENTIAL 3314 Farnam St 4 Unit Apartment Building $795,000 ($198,750/Unit) Oakland, CA 94601

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INVESTMENT HIGHLIGHTS

Fourplex + 3 Storage Units (Potential for Additional Income and/or ADU Conversion)
Individually Metered for Gas and Electric
Located in Oakland's Desirable Fruitvale District

(1) Two Bedroom Two Bathroom Unit | (3) Two Bedroom One Bathroom Units
Secure Entrances | Tenant Common Area
Quick access to Major Bay Area Transportation Arteries, Directly Connecting it to San Francisco, the East Bay, the North Bay, and the Silicon Valley.

EXECUTIVE SUMMARY

Qualified investors are extended the opportunity to acquire 3314 Farnam Street located in Oakland, CA. This well-maintained apartment community of 4 units was built in 1923 and includes 1 large two bedroom / two bathroom unit and 3 two bedroom one bathroom units. Each unit is individually metered for gas and electric. Tenants enjoy secure gated access and a common area backyard. 3314 Farnam offers investors the opportunity to increase cash flow through potential conversion of the 3 storage units into ADU's, capital expenditure pass throughs and rent increases. Buyer shall be responsible for verifying unit determination.
Disclosures: https://app.disclosures.io/link/3314-Farnam-Street-pwi5bsm2
Virtual Tour:
• Unit 8: https://my.matterport.com/show/?m=bvQCxMFHBCD
OFFERS Due: Offers will be reviewed upon receipt.
Submit Offers Here: https://app.disclosures.io/link/3314-Farnam-Street-pwi5bsm2

3314 Farnam St - OM

PROPERTY FACTS

Price	$795,000	Lot Size	0.09 AC
Price Per Unit	$198,750	Building Size	4,060 SF
Sale Type	Investment	Average Occupancy	100%
No. Units	4	No. Stories	3
Property Type	Multifamily	Year Built	1923
Property Subtype	Apartment	Parking Ratio	0.24/1,000 SF
Apartment Style	Low-Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	C

Price	$795,000
Price Per Unit	$198,750
Sale Type	Investment
No. Units	4
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.09 AC
Building Size	4,060 SF
Average Occupancy	100%
No. Stories	3
Year Built	1923
Parking Ratio	0.24/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.