$1,000,000
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2133 34th Avenue Oakland, CA 94601
Triplex
Residence
6
Beds
3
Baths
2,839
Sq. Ft.
0.1
Acre
Lot
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Strategically located in Fruitvale District between I-580 and I-880, 2133 34th Avenue is a rare opportunity to acquire a turnkey 3 unit apartment building in the emerging Oakland Market. The asset features (1) One Bedroom One Bathroom Unit, (1) Two Bedroom One Bathroom Units, and (1) 3 Bedroom One B...athroom Unit., Three covered parking spots, each with one additional tandem uncovered spot totaling 6 parking spots. Unit 2 was remodeled in 2023, and Unit 3 was remodeled in 2022. Potential to add coin operated laundry machines for additional income. Close proximity to mass transit. Offered at an attractive 6.35% CAP Rate/10.89 GRM and Pro Forma CAP Rate 6.75%/10.47 GRM, the complex will immediately provide investors with great cash flow on day one with potential for future upside.
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MLS#
424042455
Property Type
Triplex
Bedrooms
6
Bathrooms
Year Built
1964
Square Feet
2,839
sq. ft
Lot Size
0.1
Stories
2.0
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