515 E 11th St - Apartments FOR SALE


Oakland, CA 94606- East Lake
$695,000 USD
415-287-2954
515 E 11th St, Oakland, CA for Sale
$695,000 USD
Apartments - FOR SALE
1/3
null | 5.96% Cap Rate

515 E 11th St
Oakland, CA 94606
East Lake


HIGHLIGHTS

  • Upside with 1 vacant unit and below market rents
  • Opportunity to decrease expenses through RUBS
  • Located a short walk from Laney College which enrolls roughly 17,000 students
  • Low price point allowing a lower barrier of entry for first time owners

OVERVIEW

Broker of Record David Harrington License # 01320460, 02168060 (CA) Matthews Real Estate Investment Services, Inc 1600 West End Ave., Ste. 1500, Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$218 USD /SF

# OF UNITS

8

PRICE/UNIT

$86,875

CAP RATE

5.96%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1906

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

4,008 SF

ZONING

HBX-2 , S-13

APN/PARCEL ID

019-0021-002-00

ASK ABOUT THIS PROPERTY

Logan StoneMatthews Real Estate Investment ServicesMore Info
415-287-2954

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Logan StoneMatthews Real Estate Investment ServicesMore Info
415-287-2954

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