Listed by Steven Peterson - INFINITY INVESTMENTS 510-879-7542
$1,100,000 affordable loan icon Calculate Payment

Address not provided Oakland, CA 94606

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Apartment Residence
Beds
Baths
Sq. Ft.
0.16 Acre Lot

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Last updated on 11/15/2024 4:34 PM
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 out...standing, 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. Continue reading
MLS#
40845547
Property Type
Apartment
Status
Active
Year Built
1964
Lot Size
0.16

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Listed by Steven Peterson - INFINITY INVESTMENTS 510-879-7542
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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