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4345 Leach Ave - Beautiful 4 Unit Corner Building + Views! 4 Unit Apartment Building Offered at $1,400,000 at a 4.40% Cap Rate Oakland, CA 94602
EXECUTIVE SUMMARY
4345-4347 Leach Ave is a fantastic four (4) unit corner apartment building nestled in the quiet popular neighborhood of Glenview in the lower Oakland hills. Boasting superb curb appeal, the property consists of one (1) three (3) bedroom unit, one (1) two bedroom unit, one (1) one bedroom unit, and one (1) studio apartment. Three of four of the units have fireplaces, views, and lovely attached decks or balconies. All the units are exceptionally spacious with wonderful natural light, hardwood floors, and updated kitchens and baths. There are dishwashers in all the units (except the studio) and ample storage space. There is a communal laundry area in the basement with two (2) washers and two (2) dryers, all building owned. The building has a charming front yard with drought resistant landscaping and a small backyard area for the tenants to enjoy. There are two parking spaces in the garage, currently used for garbage bin storage. Units are separately metered for gas and electricity. Tenants pay for their own heat.
PROPERTY FACTS
| Price | $1,400,000 | Property Type | Multifamily |
| Price Per Unit | $350,000 | Building Size | 3,783 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 4.40% | No. Stories | 3 |
| Gross Rent Multiplier | 11.7 | Year Built | 1912 |
| No. Units | 4 | ||
| Zoning | RM3 | ||
| Price | $1,400,000 |
| Price Per Unit | $350,000 |
| Sale Type | Investment |
| Cap Rate | 4.40% |
| Gross Rent Multiplier | 11.7 |
| No. Units | 4 |
| Property Type | Multifamily |
| Building Size | 3,783 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1912 |
| Zoning | RM3 |
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Walk Score®
Very Walkable (80)
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4345 Leach Ave - Beautiful 4 Unit Corner Building + Views!
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