Address
2006 38th Avenue Oakland, CA
Price
$ 1,230,000
Property Attributes
  • ID#40974309
  • TypeIncome
  • CountyALAMEDA
  • CityOakland
  • Zip94601
  • StyleQuadruplex
  • Price$ 1,230,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3542
  • Lot Size5,415 SqFt
Listing Provided Courtesy Of:
Theodore Wong with Compass.
Data Source:
Contra Costa Association of REALTORS®
Property Description

Strategically located between I-580 and I-880, 2006 38th Avenue is a rare opportunity to acquire a 4 unit apartment building in the emerging Oakland Market. The asset features (1) Two Bedroom One Bathroom Unit, (3) Large One Bedroom One Bathroom Units, Five Off-street parking spaces, on-site laundry facilities and is sewer lateral compliant. Tenants enjoy the convivence of on-site laundry and being in close proximity to mass transit. Offered at an attractive 5.30% CAP Rate/13.58 GRM and Pro Forma CAP Rate 5.92%/12.44 GRM, the complex will immediately provide investors with great cash flow on day one with potential for future upside.

Price History
12/8/2021 Listed $1,230,000

General Features

City Oakland
Cooling No Air Conditioning
County Alameda
Directions Google Maps
Flooring Laminate
Garage Y/N No
Heating Wall Furnace
Lot Size Square Feet 5415
Property SubType Quadruplex
Property Type Residential Income
Roof Unknown
Standard Status Active
Status Active
Street Name 38th Avenue
Year Built 1952

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Laundry Features Coin Operated
Living Area 3542
Window Features Double Pane Windows

Exterior Features

Lot Features None, Landscape Front
Lot Size Area 5415
Parking Features Off Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 94601

Price
AVG $1.33M
$1.23M
Visits
AVG 8
18
Year Built
AVG 1930
1952
Walkscore
AVG 87
88
Data Provided by Walkscore ® not using MLS data

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