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Turn-key Fourplex | Large ~1,000 SF Units 256 29th St Immeuble residentiel 4 lots 1 548 852 € (387 213 €/Lot) Taux de capitalisation 5,33 % Oakland, CA 94611
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Four ~1,000 SF 2-bedroom units plus one in-law unit.
- Substantial rental upside with a 6.5% cap rate on market rents.
- Pride of ownership asset with top-of-the-line renovations and capital expenditures.
- Owner's unit to be delivered vacant - ideal opportunity for an owner-user.
- Large 6,274 lot presents a wealth of opportunity to add ADU's where three detached garages stand.
- Sought after Adam's Point location one block from Sprouts shopping center.
Résumé analytique
OPEN HOUSE: Saturday March 28th and Sunday March 29th - 12:00 pm - 2:00 pm
Introducing 254–256 29th Street, a compelling investment opportunity located in Oakland’s highly sought-after Adams Point neighborhood. This 4,308 SF property, originally built in 1926, consists of four spacious ~1,000 SF 2-bedroom, 1-bathroom units, along with an additional 2-bedroom, 1- bathroom in-law unit. The building has been thoughtfully upgraded and meticulously maintained, featuring modernized interiors with renovated kitchens and bathrooms, stainless steel appliances, and updated flooring
throughout. Two units are currently vacant, offering immediate upside for an owner-occupant or the ability to achieve market rents for a pure investment play.
Situated on a generous lot, the property presents strong potential for additional ADU development in place of the three detached garages (buyer to verify). The asset is separately metered for gas and electricity, with individual water heaters for each unit, contributing to efficient operations and reduced expenses. With its prime location, strong in-place fundamentals, and clear value-add potential, 254–256 29th Street represents a rare opportunity to acquire a well-performing asset with both
stability and upside in one of Oakland’s most desirable rental markets.
256 29th Street is located in Oakland's Adam's Point/ Westlake neighborhood. This highly sought after location is within walking/ biking distance to some of Oakland's top neighborhoods, including Grand Lake, Piedmont Avenue, and downtown. Tenants enjoy being one block from Grocery Outlet as well as a short walk to the shops on Broadway such as Sprouts, CVS Pharmacy, Starbucks, Chipotle, and many more. The commuter central location provides easy access to 19th Street BART, I-580, I-880, I-980, leading to main employment hubs in downtown Oakland, Berkeley, and San Francisco.
Introducing 254–256 29th Street, a compelling investment opportunity located in Oakland’s highly sought-after Adams Point neighborhood. This 4,308 SF property, originally built in 1926, consists of four spacious ~1,000 SF 2-bedroom, 1-bathroom units, along with an additional 2-bedroom, 1- bathroom in-law unit. The building has been thoughtfully upgraded and meticulously maintained, featuring modernized interiors with renovated kitchens and bathrooms, stainless steel appliances, and updated flooring
throughout. Two units are currently vacant, offering immediate upside for an owner-occupant or the ability to achieve market rents for a pure investment play.
Situated on a generous lot, the property presents strong potential for additional ADU development in place of the three detached garages (buyer to verify). The asset is separately metered for gas and electricity, with individual water heaters for each unit, contributing to efficient operations and reduced expenses. With its prime location, strong in-place fundamentals, and clear value-add potential, 254–256 29th Street represents a rare opportunity to acquire a well-performing asset with both
stability and upside in one of Oakland’s most desirable rental markets.
256 29th Street is located in Oakland's Adam's Point/ Westlake neighborhood. This highly sought after location is within walking/ biking distance to some of Oakland's top neighborhoods, including Grand Lake, Piedmont Avenue, and downtown. Tenants enjoy being one block from Grocery Outlet as well as a short walk to the shops on Broadway such as Sprouts, CVS Pharmacy, Starbucks, Chipotle, and many more. The commuter central location provides easy access to 19th Street BART, I-580, I-880, I-980, leading to main employment hubs in downtown Oakland, Berkeley, and San Francisco.
Informations sur l’immeuble
| Prix | 1 548 852 € | Style d’appartement | De faible hauteur |
| Prix par lot | 387 213 € | Classe d’immeuble | C |
| Type de vente | Investissement | Surface du lot | 0,06 ha |
| Taux de capitalisation | 5,33 % | Surface de l’immeuble | 400 m² |
| Multiplicateur du loyer brut | 12.09 | Occupation moyenne | 96% |
| Nb de lots | 4 | Nb d’étages | 2 |
| Type de bien | Immeuble residentiel | Année de construction | 1926 |
| Sous-type de bien | Appartement | Ratio de stationnement | 0,13/1 000 m² |
| Zonage | R70, Oakland - Residential -Medium Density | ||
| Prix | 1 548 852 € |
| Prix par lot | 387 213 € |
| Type de vente | Investissement |
| Taux de capitalisation | 5,33 % |
| Multiplicateur du loyer brut | 12.09 |
| Nb de lots | 4 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Surface du lot | 0,06 ha |
| Surface de l’immeuble | 400 m² |
| Occupation moyenne | 96% |
| Nb d’étages | 2 |
| Année de construction | 1926 |
| Ratio de stationnement | 0,13/1 000 m² |
| Zonage | R70, Oakland - Residential -Medium Density |
Caractéristiques
Caractéristiques du lot
- Lave-vaisselle
- Broyeur d’ordures
- Machine à laver/sèche-linge
- Chauffage
- Cuisine
- Planchers en bois
- Réfrigérateur
- Four
- Électroménager en acier inoxydable
- Baignoire/Douche
- Dressing
- Cour
- Salle à manger
- Salle de séjour
- Logement accessoire
Caractéristiques du site
- Cour
- Terrain clôturé
- Espace d’entreposage
Lot informations sur la combinaison
| Description | Nb de lots | Moy. loyer/mois | m² |
|---|---|---|---|
| 2+1 | 4 | - | - |
1 1
Very walkable
80/100
Moderately drivable
70/100
Strong public transit
80/100
Moderately bikeable
70/100
Taxes foncières
| Numéro de parcelle | 010-0803-004-00 | Évaluation des aménagements | 999 599 € |
| Évaluation du terrain | 428 399 € | Évaluation totale | 1 427 998 € |
Taxes foncières
Numéro de parcelle
010-0803-004-00
Évaluation du terrain
428 399 €
Évaluation des aménagements
999 599 €
Évaluation totale
1 427 998 €
Contacts
-
Jonathan Burmenko -
Grant Chappell -
Robert Chappell -
Sam Hayes -
NAI Northern California
1 sur 30
Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
1 sur 1
Présenté par
Turn-key Fourplex | Large ~1,000 SF Units | 256 29th St
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