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612 Mariposa Ave
Oakland, CA 94610
Multifamily Property For Sale
·
50 Units
Investment Highlights
- ~ 40% in Potential Rental Upside
- First Time on the Market in Over 3 Decades
- 15-minute walk to Piedmont Ave, Premier Retail Corridor
- Well below Replacement Cost at $284K/Unit and $281/SF in exclusive Montclair Neighborhood
- Attractive Basis - True Value Add Opportunity
- Desirable Location Adjacent to the City of Piedmont
Property Facts
| No. Units | 50 | Lot Size | 0.50 AC |
| Property Type | Multifamily | Building Size | 50,510 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1966 |
| Building Class | C | Parking Ratio | 1.24/1,000 SF |
| Zoning | RM-4 | ||
| No. Units | 50 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.50 AC |
| Building Size | 50,510 SF |
| No. Stories | 3 |
| Year Built | 1966 |
| Parking Ratio | 1.24/1,000 SF |
| Zoning | RM-4 |
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Disposal
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Range
- Carpet
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Tenant Controlled HVAC
- Gated
- Walking/Biking Trails
- Elevator
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 7 | - | 500 |
| 1+1 | 29 | - | 650 - 800 |
| 2+1 | 12 | - | 1,150 |
| 3+2 | 2 | - | 2,400 |
Property Taxes
| Parcel Number | 010-0830-026-01 | Improvements Assessment | $8,241,600 |
| Land Assessment | $2,550,000 | Total Assessment | $10,805,793 |
Property Taxes
Parcel Number
010-0830-026-01
Land Assessment
$2,550,000
Improvements Assessment
$8,241,600
Total Assessment
$10,805,793
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