1947 E 22Nd St
Oakland, CA, 94606
$1,100,000
Beds
0 Baths
SqFt
0.16 Acres
Add
This property is a dynamic cash flow machine, as it generates a true 5% Capitalization Rate on the existing financials and is located in the very desirable Highland Heights Neighborhood less than 5 minutes away from Highland Hospital making for an extremely strong rental demand. The unit mix is outstanding, comprised of 5 very large 2bd/1ba apartments with on-site parking for each unit and the property also has onsite laundry.  Two of the units are rented close to market and the other Three are under market, which means there is also  upside value in the rents.

Property Details

Price:
$1,100,000
MLS #:
40845547
Status:
Active
Baths:
0
Type:
Residential Income
Subtype:
Apartment
City:
Oakland
Listed Date:
Nov 8, 2018
State:
CA
ZIP:
94606
Lot Size:
7,000 sqft / 0.16 acres (approx)
Year Built:
1964
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

Cooling
None
Heating
Wall Furnace

Exterior

Lot Features
Sloped Down

Financial

Tenant Pays
Gas

Map

Community

Similar Listings Nearby

broker reciprocity Courtesy of INFINITY INVESTMENTS. 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.
Rover IDX
1947 E 22Nd St
Oakland, CA