1805 8th Avenue Active

Oakland,CA 94606

$ 2150000

- Bed

0 Bath

8042 SqFt


Key Details

Property Type Commercial

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 8,042 sqft

Price per Sqft $267

MLS Listing ID 41075509

HOA Y/N No

Year Built 1963

Lot Size 7,670 Sqft

Acres 0.18

Property Description

Introducing 1805 8th Avenue, an extremely rare opportunity to acquire a well maintained asset with tremendous initial cashflow located in the desirable East Lake District. The offering is 7.38% cap rate and 8.58 GRM with real expense data which means exceptional returns for a prudent investor that cares about a robust portfolio. The property is comprised of (10) two bedroom, one bathroom units and (1) three bedroom, one bathroom unit. Don't miss this chance to enhance your holdings with an asset poised for rapid appreciation. Open houses: Tuesday 10/8 from 11:30-1pm, Friday 10/11 from 11-12:30pm and Saturday 10/12 from 12-1:30pm. Contact Rodger Allen to schedule a tour or for more information : 510-398-1624

Location

State CA

County Alameda

Area Listing

Rooms

Basement None

Interior

Heating Natural Gas

Cooling None

Flooring Tile

Fireplace No

Appliance Dryer,Washer

Exterior

Utilities Available Individual Electric Meter,Individual Gas Meter

Building

Lot Description Security Gate

Water Public

New Construction No

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