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4690 Tompkins Ave
Oakland, CA 94619
The Paloma · Multifamily Property For Sale
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59 Units
Investment Highlights
- Parcel One includes 40 luxury units with a condo map in place (CofO in 2021)
- Parcel Two contains 19 units spread throughout 8 buildings that were all renovated in 2020
- 0.4 miles to Mills College at Northeastern University
- Parcel One is not currently covered under the City of Oakland or California Rent Control
- Mills Act Contract in place with the City of Oakland providing robust, permanent and transferable tax abatement
- $137,786 Average Household Income within 1 mile radius
Property Facts
| No. Units | 59 | Building Size | 50,733 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 2021 |
| Building Class | B | Parking Ratio | 1.14/1,000 SF |
| Lot Size | 2.34 AC |
| No. Units | 59 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 2.34 AC |
| Building Size | 50,733 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2021 |
| Parking Ratio | 1.14/1,000 SF |
Amenities
Site Amenities
- Grill
- Lounge
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 11 | - | 669 |
| 2+2 | 40 | - | 895 - 1,743 |
| 3+2 | 8 | - | 1,116 |
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