24
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$1,100,000
Est. payment /mo
2,299 Sqft Lot
Active
667 10th St Oakland, CA 95607-3649
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Downtown
MLS Listing ID 41114372
HOA Y/N No
Year Built 1909
Lot Size 2,299 Sqft
Property Sub-Type Quadruplex
Property Description
Showing: Thursday 11/6 1:30-2:30pm. Extra Large 4,816 square foot 4-unit apartment complex near Downtown Oakland with strong current income and excellent rental upside. The current cap rate is 5.79% and the current GRM is 11.71. The unit mix is ideal and offers one 3bd/1bth unit, two 2bd/1bth units, and one studio unit. The top-story 2bd/1bth unit will be delivered vacant by close of escrow making a perfect set-up for an owner-occupant. The property is over 4,800 square feet and separately metered for water and PG&E providing for low annual operating expenses. The building is 100% occupied with nice stable tenants that are easy to manage. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turn-key investment for the next owner. The units have been remodeled with newer kitchens, bathrooms, hardwood floors, custom lighting, in-unit washer dryers, a new roof, and a nice backyard area. This is a perfect opportunity for owner-user looking to occupy one or more units or an investor seeking great cash flow in a quiet neighborhood.
Location
State CA
County Alameda
Interior
Heating See Remarks
Cooling See Remarks
Flooring Wood
Fireplace No
Exterior
Parking Features Other
Others
Tax ID 22319
Listed by David Howarth The Pinza Group, Inc
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