$995,000
350 Jayne Ave Oakland, CA 94610
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$995,000
Est. payment /mo
2,884 SqFt
Active
350 Jayne Ave Oakland, CA 94610
UPDATED:
08/21/2024 08:32 AM
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,884 sqft
Price per Sqft $345
MLS Listing ID 41069745
HOA Y/N No
Year Built 1919
Lot Size 6,500 Sqft
Acres 0.15
Property Description
www.pinzaoaklandportfolio.com; The Pinza Group is pleased to present 348-352 Jayne Ave, a distinguished five-unit property in Oakland's sought-after Adams Point neighborhood. This property features one studio and four 1-bedroom/1-bathroom units, each 570 SF, with current rental rates approximately 40% below market, offering substantial potential for significant rental upside upon turnover, capital improvement pass-throughs, or tenant buy-outs. The vacant one-bedroom unit is ideal for new investors seeking owner occupancy through a low downpayment loan or seasoned investors aiming to capitalize on market-rate rents. Situated on a large 6,500 SF lot, the building offers a 1:1 off-street parking ratio and ample storage space. Located BART Station and 580, this property offers optimal accessibility. Email agent on property website for more info. 14.26 GRM; 8.48 Market GRM
Location
State CA
County Alameda
Area Listing
Rooms
Basement Other
Interior
Heating Other
Cooling Other
Flooring Other
Fireplace No
Exterior
Utilities Available Other Water/Sewer
Parking Type Other
Building
Lot Description Other
Water Other
New Construction No
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Steven Pinza • The Pinza Group, Inc
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