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3227-3231 Telegraph Ave
Oakland, CA 94609

Multifamily Property For Sale · 6 Units

Executive Summary

Discover a lucrative investment opportunity at 3231 Telegraph Ave, Oakland, CA 94609. This well-maintained 6-unit building offers a strong rental income stream in a highly desirable location. Appraised at $1,620,000 in 2019.
Building Highlights:
Solid Construction: Constructed with durable materials, ensuring long-term stability and minimal maintenance.
Excellent Location: Situated on Telegraph Avenue, a vibrant corridor with high foot traffic and easy access to public transportation, shops, restaurants, and entertainment.
Strong Rental Demand: High demand for rental units in this sought-after Oakland neighborhood.
Potential for Value-Add: Explore opportunities to increase rental income through renovations or unit upgrades.
Investment Potential:
Stable Cash Flow: Generate consistent rental income with strong potential for appreciation.
High Occupancy Rates: Benefit from high demand and maintain consistent occupancy.
Limited Competition: Secure a valuable asset in a competitive market.
Don't miss this chance to acquire a profitable multi-family property in a prime Oakland location. Contact us today to schedule a viewing.

PROPERTY FACTS

Price Per Unit $303,333
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.09 AC
Building Size 5,392 SF
Average Occupancy 100%
No. Stories 2
Year Built 1906
Parking Ratio 0.33/1,000 SF

Unit Amenities

  • Air Conditioning

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 - -
1+1 4 - -
3+1 1 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
009-0716-002-00
Land Assessment
$323,207
Improvements Assessment
$755,868
Total Assessment
$1,079,075

zoning

Zoning Code C-40, Oakland
C-40, Oakland
  • Listing ID: 34111573

  • Date on Market: 12/6/2024

  • Last Updated:

  • Address: 3227-3231 Telegraph Ave, Oakland, CA 94609

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