2112 35th Ave, Oakland, CA 94601 - Berkshire Hathaway HomeServices California Properties

2112 35th Ave, Oakland, CA 94601

$1,150,000 Approx. USD 0 beds, 0 baths

Listing Agent


David Howarth | david@pinzagroup.com
Lic#: 01360348
Broker: Courtesy of The Pinza Group, Inc

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 41087138
Price: $1,150,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1961
0.15 acres
Lot size: 0.1540
County: Alameda
Construction: Other
Heating/cooling: See Remarks
Heating description: Wall Furnace

Last Updated: 3/21/2025

 Days On Market (DOM): 24

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Lat/Long: 37.784272, -122.216239.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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