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

ZONING

Zoning Code R50, Oakland
  • Listing ID: 26587213

  • Date on Market: 9/8/2022

  • Last Updated:

  • Address: 2144 High St, Oakland, CA 94601