506-508 Valle Vista Ave - Apartments FOR SALE


Oakland, CA 94610- Grand Lake
$1,275,000 USD
415-640-6411
506-508 Valle Vista Ave, Oakland, CA for Sale
$1,275,000 USD
Apartments - FOR SALE
1/7
null | 5.49% Cap Rate

506-508 Valle Vista Ave
Oakland, CA 94610
Grand Lake


HIGHLIGHTS

  • Walk to Grand Lake Shopping/Retail
  • Rear Yard/Patio
  • Period Detail and Charm
  • Beautiful Garden Like Setting

OVERVIEW

508 Valle Vista a quant, charming 5 unit building located in Oakland's Grand Lake neighborhood. The building is made up of one studio, (3) one bedroom - one bath units and (1)two bedroom - one bath unit. The property has been well taken care of by its current ownership. Units have been tastefully remodeled upon turnover while still maintaining the building's period details. The property offers tenants a place to call home with a beautiful garden setting and outdoor space in the rear for tenants to enjoy. This a wellmaintained, charming investment in a great Oakland location!

FOR SALE DETAILS

PRICE

$1,275,000 USD

PRICE/SF

$114 USD /SF

# OF UNITS

5

PRICE/UNIT

$255,000

CAP RATE

5.49%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

508 Valle Vista

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1915

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,449 SF

ZONING

R35, Oakland

APN/PARCEL ID

010-0827-074-00

ASK ABOUT THIS PROPERTY

Matt TreadwayThe Lapham Company, Inc.More Info
415-640-6411

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Matt TreadwayThe Lapham Company, Inc.More Info
415-640-6411

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