www.367539th.com' 6-unit apartment complex featuring six 2bd/1bth units with strong current income and excellent rental upside. Current cap rate of 7.42% and current GRM of 8.88. The property was originally built in 1979, offers approximately 5,340 square feet of rental space, and sits on an extra-large 9,725 square foot lot with 8 parking spaces and a nice backyard area. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turnkey investment for the next owner. The units have been remodeled and offer new kitchens, bathrooms, upgraded electrical and plumbing, new flooring, double pane windows, new exterior and interior paint, a newer roof, and more. The property has been historically managed by the owner and offers low annual operating expenses. One unit will be delivered vacant that’s perfect for an investor seeking high market rents or a possible owner-occupant.
Property Details
Price:
$1,295,000
MLS #:
41072939
Status:
Active
Baths:
0
Address:
3675 39Th Ave
Type:
Residential Income
City:
Oakland
Listed Date:
Sep 12, 2024
State:
CA
ZIP:
94619
Lot Size:
9,725 sqft / 0.22 acres (approx)
Year Built:
1979
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Schools
Interior
Cooling
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Heating
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Exterior
Parking Spots
10.00
Financial
Association Fee
0.00
Map
Community
- Address3675 39Th Ave Oakland CA
- CityOakland
- CountyAlameda
- Zip Code94619
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Courtesy of The Pinza Group, Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
3675 39Th Ave
Oakland, CA
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