414 Fairmount Ave - Apartments FOR SALE


Oakland, CA 94611- Westlake
$2,195,000 USD
510-421-4528
414 Fairmount Ave, Oakland, CA for Sale
$2,195,000 USD
Apartments - FOR SALE
1/28
null | 5.04% Cap Rate

414 Fairmount Ave
Oakland, CA 94611
Westlake


HIGHLIGHTS

  • Central location, near Lake Merrit and Whole Foods, Easy Access to Hwy 580, and Piedmont Ave.

OVERVIEW

Excellent Oakland investment opportunity! 11 well maintained units in a well maintained building located at 414 Fairmount Ave. 6 units remodeled, leaving opportunity to upgrade more units at turnover. Centrally located near Piedmont Ave, Broadway, Grand Lake, Lake Merrit, Downtown Oakland. Easy shopping at Whole Foods down the street. Recreation opportunities at nearby Lake Merritt. On site parking, on site laundry provide opportunities for more income.

FOR SALE DETAILS

PRICE

$2,195,000 USD

PRICE/SF

$285 USD /SF

# OF UNITS

11

PRICE/UNIT

$199,545

CAP RATE

5.04%

% LEASED

91%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1966

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,046 SF

ZONING

R-70, Oakland

APN/PARCEL ID

010-0809-015-00

ASK ABOUT THIS PROPERTY

Daniel WinklerDaniel Winkler and Associates, Inc.More Info
510-421-4528

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Daniel WinklerDaniel Winkler and Associates, Inc.More Info
510-421-4528

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