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901 Rose Ave
Oakland, CA 94611
Multifamily Property For Sale
·
4 Units
Investment Highlights
- • Four 1bed/1bath spacious units – each around 700 Sq. Ft.
- • Potential 25% increase in rent and 44% increase in net operating income without substantial capital improvement
- • Rents have not been increased in the last 2 years, new owner to bank on new rent.
- • Commuter paradise, walking score 94, very bikable, Excellent location, steps from shops
- • Future potential for expansion and adding ADU in place of storage outbuilding to maximize rate of return
Property Facts
| No. Units | 4 | Building Size | 3,020 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1924/2022 |
| Building Class | C | Parking Ratio | 1.32/1,000 SF |
| Lot Size | 0.10 AC | ||
| Zoning | RM-3 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 3,020 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1924/2022 |
| Parking Ratio | 1.32/1,000 SF |
| Zoning | RM-3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 700 |
Property Taxes
| Parcel Number | 012-0989-024-00 | Improvements Assessment | $1,225,686 |
| Land Assessment | $525,294 | Total Assessment | $1,750,980 |
Property Taxes
Parcel Number
012-0989-024-00
Land Assessment
$525,294
Improvements Assessment
$1,225,686
Total Assessment
$1,750,980
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