3421 68th Ave, Oakland, CA 94605
3421 68th Ave, Oakland, CA 94605
3421 68th Ave, Oakland, CA 94605
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Bay Area Eichler Homes

Bay Area Eichler Homes

+1(408) 506-3942
$1,895,000
Est. payment /mo
6,577 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Garden Apts

Listing Status Pending

Purchase Type For Sale

Square Footage 6,577 sqft

Price per Sqft $288

Subdivision East Oakl Hills

MLS Listing ID 41145903

HOA Y/N No

Year Built 1986

Lot Size 0.294 Acres

Acres 0.29

Property Sub-Type Garden Apts

Property Description

8-unit apartment complex offering eight 3bd/1bth townhome units with excellent current income and strong rental upside. 9.71% cap rate and 7.40 GRM! The property was originally built in 1986, offers approximately 6,577 square feet of rental space, and sits on an oversized 12,812 square foot lot with ample room for parking. The property is 100% occupied with stable tenants paying market rent delivering market-leading cash flow. The property is easy to manage and is separately metered for PG&E providing for low annual operating expenses. The units have been remodeled and offer updated kitchens and bathrooms with stainless steel appliances, granite counter tops, newer cabinets, newer vanities, new fixtures, custom lighting, and more. The exterior and interior are in great condition with very little deferred maintenance resulting in an attractive turn-key investment.

Location

State CA

County Alameda

Rooms

Basement Other

Interior

Heating Other

Cooling Other

Flooring Other

Fireplace No

Exterior

Total Parking Spaces 8

Building

Lot Description Other

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 37A27551351


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Bridge MLS
Listed by David Howarth • The Pinza Group, Inc

NEARBY SCHOOL & BUSINESS

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Bay Area Eichler Homes

Bay Area Eichler Homes

+1(408) 506-3942

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