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961-963 18th St
Oakland, CA 94607
60.35% RENTAL UPSIDE · Multifamily Property For Sale
·
6 Units
Investment Highlights
- 4.85% Cap / 12.96 GRM (Current)
- 50.6% Embedded Rental Upside
- Walking Distance to 19th St BART
- 8.83% Cap / 8.60 GRM (Market)
- $1.2MM of Assumable Debt at 3.70%
Property Facts
| No. Units | 6 | Lot Size | 0.13 AC |
| Property Type | Multifamily | Building Size | 6,859 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built/Renovated | 1910/2010 |
| Zoning | RM-4/S-20 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 6,859 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1910/2010 |
| Zoning | RM-4/S-20 |
Amenities
Site Amenities
- Laundry Facilities
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 6 | - | 1,140 |
Property Taxes
| Parcel Number | 005-0385-002-00 | Improvements Assessment | $910,000 |
| Land Assessment | $390,000 | Total Assessment | $1,300,000 |
Property Taxes
Parcel Number
005-0385-002-00
Land Assessment
$390,000
Improvements Assessment
$910,000
Total Assessment
$1,300,000
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