1630 35th Ave - Apartments FOR SALE


Oakland, CA 94601- Fruitvale
$2,300,000 USD
510-988-0402
1630 35th Ave, Oakland, CA for Sale
$2,300,000 USD
Apartments - FOR SALE
1/11
null | 6.03% Cap Rate

1630 35th Ave
Oakland, CA 94601
Fruitvale


HIGHLIGHTS

  • Ideal unit mix comprising of one three-bedroom / one-bathroom unit, four two-bedroom / one-bathroom units, and four one-bedroom / one-bathroom units
  • Potential for building additional ADU units on the property
  • Separately Metered for PGE and Water
  • Onsite parking and washer/dryer for residents
  • Easy access to transportation with the Fruitvale BART Station just a brief 5-minute drive away, facilitating seamless commutes for tenants

OVERVIEW

1630 35th Ave is a two-story building in Oakland, CA's Fruitvale submarket. Ideally situated on a quiet street the property features a unit mix comprising of one three-bedroom / one-bathroom unit, four two-bedroom / one-bathroom units, and four one-bedroom / one-bathroom units. This property presents a promising opportunity for substantial rental growth through turnovers and building additional ADU units on the property. This opens doors for investors to secure an investment in a thriving market with robust growth potential. Onsite parking addresses a common resident need, adding convenience to the property. With a highly attractive price per unit and per square foot, this property offers an appealing investment opportunity.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$422 USD /SF

# OF UNITS

9

PRICE/UNIT

$255,556

CAP RATE

6.03%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

RM2

APN/PARCEL ID

033-2129-024-00

ASK ABOUT THIS PROPERTY

Matthew RullodaBerkshire Hathaway HomeServices Drysdale PropertiesMore Info
510-988-0402

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Matthew RullodaBerkshire Hathaway HomeServices Drysdale PropertiesMore Info
510-988-0402

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