This Multifamily Property is no longer advertised on LoopNet.com.
2144 High St
Oakland, CA 94601
$50,000 PRICE REDUCTION · Multifamily Property For Sale · 5 Units

INVESTMENT HIGHLIGHTS
- Total Investment Return of 8.72%
- 6.06% In-Place Cap rate
- Strong Unit mix of (4) 2x1 & (1) 3x2
- $266 per square foot, priced to sell
- 6.03% Cash-on-Cash Return
- Current rents are approximately 30% below market providing a tremendous opportunity to increase income.
PROPERTY FACTS
No. Units | 5 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low-Rise |
Building Class | C |
Lot Size | 0.13 AC |
Building Size | 4,329 SF |
Average Occupancy | 100% |
No. Stories | 2 |
Year Built | 1962 |
Parking Ratio | 0.92/1,000 SF |
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
2+1 | 4 | - | - |
3+2 | 1 | - | - |
PROPERTY TAXES
Parcel Number | 032-2047-030-00 | Improvements Assessment | $319,073 |
Land Assessment | $212,715 | Total Assessment | $531,788 |
ZONING
Zoning Code | R50, Oakland |
Listing ID: 26587213
Date on Market: 9/8/2022
Last Updated:
Address: 2144 High St, Oakland, CA 94601
The Jefferson Multifamily Property at 2144 High St, Oakland, CA 94601 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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