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138 Monte Cresta Ave

30 Unit Apartment Building $6,950,000 ($231,667/Unit) 6.23% Cap Rate Oakland, CA 94611

Executive Summary

Great Piedmont Avenue Neighborhood Location!
30 Apartment Units Total
14 One Bedroom Apartments
16 Studio Apartments
21 Car Garage Parking
Intercom System
Dishwashers
Laundry Room
Security Cameras & Security Fence
Owner Storage Room
Includes Adjacent Park-like Parcel with Stunning
Grounds & Lush Landscaping
Solar-Powered Common Area Electricity
Separately Metered for Gas & Electricity
Owner Provides Steam Heat

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $6,950,000
Price Per Unit $231,667
Sale Type Investment
Cap Rate 6.23%
Gross Rent Multiplier 8.9
No. Units 30
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 0.33 AC
Building Size 27,948 SF
No. Stories 4
Year Built 1929
Parking Ratio 0.75/1,000 SF

Unit Amenities

  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 16 - 550 - 665
1+1 14 - 750
Walk Score ®
Walker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
012-0988-020-01
Land Assessment
$1,576,104 (2024)
Improvements Assessment
$3,533,099 (2024)
Total Assessment
$5,124,581 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
  • Listing ID: 32559613

  • Date on Market: 7/23/2024

  • Last Updated:

  • Address: 138 Monte Cresta Ave, Oakland, CA 94611

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