$1,000,000
bedrooms
6
bathrooms
3
square feet
2,839
Acreage
0.1033
Open Houses
-
year built
1964
Full Baths
3
Half Baths
0
Strategically located in Fruitvale District between I-580 and I-880, 2133 34th Avenue is a rare opportunity to acquire a turnkey 3 unit apartment building in the emerging Oakland Market. The asset features (1) One Bedroom One Bathroom Unit, (1) Two Bedroom One Bathroom Units, and (1) 3 Bedroom One Bathroom Unit., Three covered parking spots, each with one additional tandem uncovered spot totaling 6 parking spots. Unit 2 was remodeled in 2023, and Unit 3 was remodeled in 2022. Potential to add coin operated laundry machines for additional income. Close proximity to mass transit. Offered at an attractive 6.35% CAP Rate/10.89 GRM and Pro Forma CAP Rate 6.75%/10.47 GRM, the complex will immediately provide investors with great cash flow on day one with potential for future upside.
Location | |
Subdivision | - |
County | Alameda |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 424042455
Listing agent:
Brandon Tran
#DRE #01926337
Listing broker:
Fifty Hills Real Estate
(415) 841-3886
Last update: Monday, September 16 2024 at 6:11 p.m. EDT
sfar sfexaminer (broken)
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