4124 Lyon ave | Oakland, CA 94601
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- LoopNet Team
4124 Lyon ave
Oakland, CA 94601
85% LTV at 3.5% & 14.27% Cash on Cash · Multifamily Property For Sale · 8 Units
INVESTMENT HIGHLIGHTS
- 85% LTV, Interest Only at 3.5% Seller Carry Loan Available
- Seismically Retrofitted and High End Finishes Inside & Outside
- 14.27% Cash on Cash Upon Lease Up
- Brand New 2023 Construction Means No City Rent Control, Rent Board Fees, or Maintenance/Repairs Required
- Each Unit Features Modern Fixtures, Stainless-Steel Appliances, Dual Pane Windows & Large Private Patios
- Delivered 100% Occupied at Market Near Rents!
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.26 AC |
| Property Type | Multifamily | Building Size | 9,052 SF |
| Property Subtype | Average Occupancy | 50% | |
| Apartment Style | Low Rise | No. Stories | 2 |
| Building Class | B | Year Built | 2023 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.26 AC |
| Building Size | 9,052 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built | 2023 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1.5 | 4 | - | 1,050 |
| 4+1.5 | 4 | - | 1,200 |
PROPERTY TAXES
| Parcel Number | 032-2069-047-01 | Improvements Assessment | $265,300 |
| Land Assessment | $795,900 | Total Assessment | $1,061,200 |
PROPERTY TAXES
Parcel Number
032-2069-047-01
Land Assessment
$795,900
Improvements Assessment
$265,300
Total Assessment
$1,061,200
ZONING
| Zoning Code | RM-3 , S-13 (Multiple residential building of 5 or more units.) |
| RM-3 , S-13 (Multiple residential building of 5 or more units.) |
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