3675 39Th Ave
Oakland, CA, 94619
$1,450,000
Beds
0 Baths
SqFt
0.22 Acres
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www.367539th.com' 6-unit apartment complex featuring six 2bd/1bth units with strong current income and excellent rental upside. Current cap rate of 6.48% and current GRM of 9.95. 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:
$1,450,000
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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3675 39Th Ave
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