Address Undisclosed, Oakland, CA 94606 - Berkshire Hathaway HomeServices California Properties

Address Undisclosed

$1,100,000 Approx. USD 0 beds, 0 baths

Listing Agent


STEVEN PETERSON | peterson.infinity@gmail.com
Lic#: 01746140
Broker: Courtesy of INFINITY INVESTMENTS
Lic#: 01746140

Agent Remarks

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.

Listing Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# 40845547
Price: $1,100,000
Beds: 0
Baths: 0
Built in 1964
0.16 acres
Lot size: 0.1600
County: Alameda
Construction: Stucco
Lot description: Sloped Down
Heating/cooling: None
Heating description: Wall Furnace

Last Updated: 10/1/2024

 Days On Market (DOM): 2325

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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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