3541 Dimond Ave | Oakland, CA 94602
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- LoopNet Team
3541 Dimond Ave
Oakland, CA 94602
Multifamily Property For Sale
·
13 Units
INVESTMENT HIGHLIGHTS
- COMPELLING BASIS WITH IMMEDIATE PATH TO UPSIDE
- AUTHENTIC WALKABLE NEIGHBORHOOD WITH REGIONAL CONNECTIVITY
- Cash flow upside can be realized through the capture of the Property's ±25% in-place loss-to-lease by marking units to market rent upon unit turnover
- DURABLE & THRIVING ECONOMIC HUB
- A limited risk investment that combines these solid fundamentals with a strong initial yield and substantial upside.
- Zoning=RM-4
PROPERTY FACTS
| No. Units | 13 | Building Size | 7,740 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Building Class | C | Parking Ratio | 1.29/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | RM-4 - Mixed Use Housing Type Residential | ||
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 7,740 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1959 |
| Parking Ratio | 1.29/1,000 SF |
| Zoning | RM-4 - Mixed Use Housing Type Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Range
- Carpet
SITE AMENITIES
- Laundry Facilities
- Recycling
- Smoke Free
- Storage Space
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | - | 450 |
| 1+1 | 8 | - | 600 |
| 2+1 | 3 | - | 680 |
PROPERTY TAXES
| Parcel Number | 029A-1301-014-00 | Improvements Assessment | $1,435,000 |
| Land Assessment | $615,000 | Total Assessment | $2,050,000 |
PROPERTY TAXES
Parcel Number
029A-1301-014-00
Land Assessment
$615,000
Improvements Assessment
$1,435,000
Total Assessment
$2,050,000
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