$2,150,000
1805 8th Avenue Oakland, CA 94606
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$2,150,000
Est. payment /mo
8,042 SqFt
Active
1805 8th Avenue Oakland, CA 94606
UPDATED:
10/11/2024 08:24 AM
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 8,042 sqft
Price per Sqft $267
MLS Listing ID 41075509
HOA Y/N No
Year Built 1963
Lot Size 7,670 Sqft
Acres 0.18
Property Description
Introducing 1805 8th Avenue, an extremely rare opportunity to acquire a well maintained asset with tremendous initial cashflow located in the desirable East Lake District. The offering is 7.38% cap rate and 8.58 GRM with real expense data which means exceptional returns for a prudent investor that cares about a robust portfolio. The property is comprised of (10) two bedroom, one bathroom units and (1) three bedroom, one bathroom unit. Don't miss this chance to enhance your holdings with an asset poised for rapid appreciation. Open houses: Tuesday 10/8 from 11:30-1pm, Friday 10/11 from 11-12:30pm and Saturday 10/12 from 12-1:30pm. Contact Rodger Allen to schedule a tour or for more information : 510-398-1624
Location
State CA
County Alameda
Area Listing
Rooms
Basement None
Interior
Heating Natural Gas
Cooling None
Flooring Tile
Fireplace No
Appliance Dryer, Washer
Exterior
Utilities Available Individual Electric Meter, Individual Gas Meter
Parking Type Covered
Building
Lot Description Security Gate
Water Public
New Construction No
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Listed by Nolan Jones • KELLER WILLIAMS TRI VALLEY REALTY
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