Daniel Maldonado - Commercial Real Estate Showcase

Daniel Maldonado Property Listings
Marcus & Millichap Inc
750 Battery St
Suite 500
San Francisco, CA 94111-1526

3027 Filbert Street

Oakland, CA 94608 - West Oakland MF Submarket

Property Type:Multi-Family Number of Units:4 Status:Existing Year Built:1905
Stories:2 Building Size:2,238 SF Land Area:.09 AC (3,746 SF)
For Sale Price:$795,000 Price/Unit:$198,750.00 Cap Rate:5.60 % GRM:-

Parking:1.79 Parking Spaces / 1,000 SF

Property Description: FOURPLEX

Sale Notes:
3027 Filbert Street, in Oakland, CA is four-unit 2,238 square foot multifamily building comprised of four one-bedroom/one-bathroom units that are all separately metered for PG&E. The subject property has large backyard and two tandem garage parking spaces.

Tenants or an owner-occupier can conveniently access San Pablo Avenue and I-580 in less than a few minutes. Two units are expected to be vacant at close of escrow, which should offer the prospective buyer upside by either occupying the units as-is or improving.

3027 Filbert Street is the perfect fixer-upper for the investor seeking a value-add opportunity in an area that can potentially provide significant capital appreciation with great cash flow.

Marcus & Millichap Inc
Daniel Maldonado
(415) 625-2199

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