3130 14th AVE, Oakland, CA 94602

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Listed by Alina Siert, 408-712-7692 from KW Advisors
(If provided) CoList: from

List Price
$5,779,000
MLS#
ML82064079
Status
ACTIVE
Sqft. of Residence
32,382
Lot Size
5,001
Listing Area
Oakland Zip Code 94602
Year Built
1949

Property Description

29 apartments in two two-story buildings on two parcels (21 units and 8 units), built in 1949: 23 one-bedrooms, 4 two-bedrooms and 2 studios in about 32,382 SF. About 80% of units have been renovated. Seven garages and eight covered parking spaces, plus coin laundry on site, add income. Gas and electric are separately metered. Market rents run about 17% above in-place rents. In Oakland's Highland Park area by the Tuxedo and Dimond neighborhoods, across from Highland Hospital and minutes from Glenview, the Dimond District and Lake Merritt, with quick I-580 access. 7.03% current cap; 7.33% pro forma cap at market rents. 100% occupied per the rent roll.

Additional Information

Cooling System
Other
Days On Market
Unknown
Foundation
Other
Garage Parking
Covered Parking, Detached Garage
Heating System
Other
Living Area
32,382
Lot Size
5,001
Neighborhood
Oakland Zip Code 94602
Other Utilities
Other
Roof
Other
Sewer
Other
Unincorporated Yn
Yes
Zoning
RU-2

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