restricted address

oakland, CA 94606

$1,100,000

    INTERESTED? LET'S CONNECT

    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.

    Details

    7,000 Sq Ft Exterior Space

    Apartment

    $17,316 Annual Tax

    Built in 1964

    MLS/Listing ID 40845547

    5 Units

    Amenities & Features

    Lot - Sloped Down

    Construction - Stucco

    Listing Courtesy of INFINITY INVESTMENTS, STEVEN PETERSON - 510-879-7542

    CRMLS

    Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE

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