2112 35th Ave | Oakland, CA 94601
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- LoopNet Team
2112 35th Ave
Oakland, CA 94601
7-unit Apartment with Excellent Income · Multifamily Property For Sale · 7 Units
Investment Highlights
- 7-unit Apartment Complex Featuring Three 2bd/1bth Units and Four 1bd/1bth Units with Strong Current Income and Excellent Rental Upside
- Low Maintenance Property Separately Metered for PG&E with Low Annual Operating Expenses
- Current Cap Rate: 7.18%, ProForma Cap Rate: 10.77%
- Remodeled Units with Newer Kitchens, Bathrooms, Paint, Wood Floors, Double Pane Windows, a Newer Roof, and More
- Attractive Location Near Lake Merritt, BART, Restaurants, Coffee Shops, and Shopping Options
- Current GRM: 9.46, ProForma GRM: 6.98
PROPERTY FACTS
Unit Amenities
- Dishwasher
- Disposal
- Fireplace
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 3 | - | - |
PROPERTY TAXES
| Parcel Number | 032-2112-002-00 | Improvements Assessment | $587,868 |
| Land Assessment | $501,975 | Total Assessment | $1,089,843 |
PROPERTY TAXES
Parcel Number
032-2112-002-00
Land Assessment
$501,975
Improvements Assessment
$587,868
Total Assessment
$1,089,843
zoning
| Zoning Code | R50, Oakland (Medium Density Residential Zone) |
| R50, Oakland (Medium Density Residential Zone) |
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