483 Joaquin Ave - Apartments FOR SALE


San Leandro, CA 94577- Estudillo Estates-Glen
$1,695,000 USD
510-725-4775
483 Joaquin Ave, San Leandro, CA for Sale
$1,695,000 USD
Apartments - FOR SALE
1/19
null | 6% Cap Rate

483 Joaquin Ave
San Leandro, CA 94577
Estudillo Estates-Glen


HIGHLIGHTS

  • Excellent Unit Mix Comprised of One 3bd/2bth, One 2bd/1bth, and Three 1bd/1bth Units
  • Interior Improvements Include New Luxury Flooring, Updated Lighting & Ceiling Fans, New Electrical Panels and Appliances, & Fresh Interior Paint
  • Exterior Improvements Include New Roof, Asphalt, Lighting, Gutters, Railing Screens, and New Exterior Facade & Paint
  • New Coin Operated Laundry Machines Provide Additional Income
  • 1:1 Enclosed Parking with Potential for ADU Conversion
  • Low Maintenance Easy-To-Maintain Property With Zero Deferred Maintenance

OVERVIEW

The Pinza Group, Inc. is pleased to present 483 Joaquin Avenue in San Leandro. Attractively located walking distance to Downtown San Leandro, this five unit multifamily property offers a mix of 3 bedroom, 2 bedroom, and 1 bedroom units. Recent exterior improvements include new roof, asphalt, lighting, gutters, railing screens, and new exterior facade and paint. Recent interior improvements include updated electrical panels in all units, new luxury flooring, updated lighting and ceiling fans, new blinds and appliances, and fresh interior paint. Added income is provided by new onsite coin operated laundry machines. Additionally, the property features 1:1 closed parking with potential for ADU conversion. This well located, low maintenance property is a perfect investment for a new or seasoned investor. EMAIL: INFO@PINZAGROUP.COM FOR A COMPLETE MARKETING PACKAGE AND INTERIOR PHOTOS

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$435 USD /SF

# OF UNITS

5

PRICE/UNIT

$339,000

CAP RATE

6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,200 SF

ZONING

R-5, San Leandro

APN/PARCEL ID

077-0538-001-00

ASK ABOUT THIS PROPERTY

Steven PinzaPinza GroupMore Info
510-725-4775

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Steven PinzaPinza GroupMore Info
510-725-4775

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