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Beautiful 4 Unit Corner Building + Views! 4347 Leach Ave 4 Unit Apartment Building $1,400,000 ($350,000/Unit) 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 Subtype | Apartment |
| Price Per Unit | $350,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.09 AC |
| Cap Rate | 4.40% | Building Size | 3,783 SF |
| Gross Rent Multiplier | 11.7 | No. Stories | 2 |
| No. Units | 4 | Year Built | 1912 |
| Property Type | Multifamily |
| 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 |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.09 AC |
| Building Size | 3,783 SF |
| No. Stories | 2 |
| Year Built | 1912 |
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Walk Score®
Very Walkable (80)
PROPERTY TAXES
| Parcel Number | 024-0548-006-00 | Improvements Assessment | $1,338,600 |
| Land Assessment | $892,400 | Total Assessment | $2,231,000 |
PROPERTY TAXES
Parcel Number
024-0548-006-00
Land Assessment
$892,400
Improvements Assessment
$1,338,600
Total Assessment
$2,231,000
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Beautiful 4 Unit Corner Building + Views! | 4347 Leach Ave
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