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BACK ON MARKET | 6 UNITS | DIMOND OAKLAND 3464 Champion St 6 Unit Apartment Building $999,999 ($166,667/Unit) 5.96% Cap Rate Oakland, CA 94602
Investment Highlights
- Back on the Market at No Fault of the Seller
- (1) Storage Unit (Potential for Additional Income)
- On-Site Laundry Facility | Off-Street Parking
- (4) One-Bedroom / One-Bathroom Units | (2) Two-Bedroom / One-Bathroom Units
- Individually Metered for Gas and Electric
- Recent Seismic Upgrade to the Garages
Executive Summary
Qualified investors are extended the opportunity to acquire 3464 Champion Street, located in Oakland, CA. This well-maintained apartment community was built in 1956 and includes 4 one bedroom / one bathroom units and 2 two bedroom one bathroom units with 1 non-conforming studio/storage unit. Recent Capital improvements include completion of the seismic retrofit for the soft story. Each unit is individually metered for gas and electric.
Disclosures: https://app.disclosures.io/link/3464-Champion-Street-d6y1zwyf
Virtual Tours:
• Unit 4: https://my.matterport.com/show/?m=Lrg3cG6aCYi
• Unit 5: https://my.matterport.com/show/?m=DPvfcHECXKB
Submit Offers Here: https://app.disclosures.io/link/3464-Champion-Street-d6y1zwyf
Disclosures: https://app.disclosures.io/link/3464-Champion-Street-d6y1zwyf
Virtual Tours:
• Unit 4: https://my.matterport.com/show/?m=Lrg3cG6aCYi
• Unit 5: https://my.matterport.com/show/?m=DPvfcHECXKB
Submit Offers Here: https://app.disclosures.io/link/3464-Champion-Street-d6y1zwyf
Property Facts
| Price | $999,999 | Apartment Style | Low-Rise |
| Price Per Unit | $166,667 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 5.96% | Building Size | 5,060 SF |
| Gross Rent Multiplier | 9.82 | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1956 |
| Property Subtype | Apartment | ||
| Zoning | R-70, Oakland | ||
| Price | $999,999 |
| Price Per Unit | $166,667 |
| Sale Type | Investment |
| Cap Rate | 5.96% |
| Gross Rent Multiplier | 9.82 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 5,060 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1956 |
| Zoning | R-70, Oakland |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 557 - 600 |
| 2+1 | 2 | - | 750 |
1 1
Walk Score®
Walker's Paradise (93)
Property Taxes
| Parcel Number | 028-0906-017-02 | Improvements Assessment | $720,939 |
| Land Assessment | $588,403 | Total Assessment | $1,309,342 |
Property Taxes
Parcel Number
028-0906-017-02
Land Assessment
$588,403
Improvements Assessment
$720,939
Total Assessment
$1,309,342
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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BACK ON MARKET | 6 UNITS | DIMOND OAKLAND | 3464 Champion St
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