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

Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE