1523-1527 8th Ave - Apartments FOR SALE


Oakland, CA 94606- East Lake
$3,250,000 USD
925-946-5908
1523-1527 8th Ave, Oakland, CA for Sale
$3,250,000 USD
Apartments - FOR SALE
1/14
null | 7.62% Cap Rate

1523-1527 8th Ave
Oakland, CA 94606
East Lake


HIGHLIGHTS

  • Mostly 2- bedrooms
  • Pitched roofs

OVERVIEW

Located in the heart of Oakland, 1523–1537 8th Avenue is a 20-unit multifamily property built in 1961, featuring a mix of one- and two-bedroom units. This lender-owned REO asset is situated in an amenity-rich neighborhood characterized by strong rental demand and long-term growth potential.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$207 USD /SF

# OF UNITS

20

PRICE/UNIT

$162,500

CAP RATE

7.62%

% LEASED

85%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,988 SF

ZONING

RM-3

APN/PARCEL ID

020-0175-006-00,020-0175-007-00

ASK ABOUT THIS PROPERTY

Mike ColhounWalker & Dunlop, Inc.More Info
925-946-5908

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Mike ColhounWalker & Dunlop, Inc.More Info
925-946-5908

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.