3675 39Th Ave
Oakland, CA 94619
Active for $1,450,000
Beds: N/A Baths: Structure Size: N/A sqft Lot Size: 9,725 sqft
| MLS | 41072939 |
| Year Built | 1979 |
| Property Type | |
| County | Alameda |
| Status | Active |
| Active | $1,450,000 |
| Structure Size | N/A sqft |
| Lot Size | 9,725 sqft |
| Beds | N/A |
| Baths |
Description
www.367539th.com; 6-unit apartment complex featuring six 2bd/1bth units with strong current income and excellent rental upside. Current cap rate of 6.48% and current GRM of 9.95. The property was originally built in 1979, offers approximately 5,340 square feet of rental space, and sits on an extra-large 9,725 square foot lot with 8 parking spaces and a nice backyard area. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turnkey investment for the next owner. The units have been remodeled and offer new kitchens, bathrooms, upgraded electrical and plumbing, new flooring, double pane windows, new exterior and interior paint, a newer roof, and more. The property has been historically managed by the owner and offers low annual operating expenses. One unit will be delivered vacant that’s perfect for an investor seeking high market rents or a possible owner-occupant.
Listing information courtesy of: David Howarth, The Pinza Group, Inc . *Based on information from the Association of REALTORS/Multiple Listing as of 09/20/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Matthew Rahimzadeh
REALTOR®
Direct: 818.675.1455
Email: Email Me
DRE: 01025452
DRE #01873088
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