Oakland, CA 94601,2112 35Th Ave
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Oakland, CA 94601,2112 35Th Ave
Oakland, CA 94601,2112 35Th Ave
Oakland, CA 94601,2112 35Th Ave
Oakland, CA 94601,2112 35Th Ave
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2112 35Th Ave Oakland, CA 94601

6,708 Sqft Lot


UPDATED:

03/04/2025 01:47 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41087138

HOA Y/N No

Year Built 1961

Lot Size 6,708 Sqft

Property Description

7-unit apartment complex featuring Three 2bd/1bth units and four 1bd/1bth units with market rate tenants and excellent long-term upside. The property almost 100% leased with a current cap rate is 9.28% and the current GRM is 6.40. The property was originally built in 1961, offers approximately 4,850 square feet of rental space, and sits on a 6,708 square foot lot with four garages, and multiple off-street parking spaces. The units have all been remodeled over time and offer newer kitchens and bathrooms, wood floors, double pane windows, granite counter tops, custom molding, a newer roof, and more. The property is easy to manage and is separately metered for PG&E providing for low annual operating expenses. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turn-key investment for the next owner.

Location

State CA

County Alameda

Interior

Heating Wall Furnace

Cooling See Remarks

Fireplace No

Exterior

Total Parking Spaces 4

Others

Tax ID 3221122


California Regional MLS (CRMLS)
Listed by David Howarth • The Pinza Group, Inc
agent

Franchesca McWhorter

Advisor | License ID: 01242733

+1(818) 429-7215

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2112 35Th Ave