2426 57th Ave - Apartments FOR SALE


Oakland, CA 94605- Middle East Oakland
$995,000 USD
510-336-4712
2426 57th Ave, Oakland, CA for Sale
$995,000 USD
Apartments - FOR SALE
1/9
null | 1.54% Cap Rate

2426 57th Ave
Oakland, CA 94605
Middle East Oakland


OVERVIEW

Great opportunity to invest in an value add four unit apartment in Oakland. This property has 3 (2 x1) units and one (3 x 1) unit. There is currently one vacant 2 x1 unit. The property is on the market as an "as is" sale. There is a great upside potential in the property with proper adjustments to the property. The property is located within the heart of Oakland and minutes from Mills College and the major freeways as well as public transportation. The neighborhood has numerous retail services within walking distance to property. Property is an value add and will be sold "As Is".

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$85 USD /SF

# OF UNITS

4

PRICE/UNIT

$248,750

CAP RATE

1.54%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,001 SF

ZONING

C30, Oakland

APN/PARCEL ID

038-3181-008-00

ASK ABOUT THIS PROPERTY

Tim RichardsonNAI Northern CaliforniaMore Info
510-336-4712

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

Tim RichardsonNAI Northern CaliforniaMore Info
510-336-4712

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