8-Units in Oakland Hills Built in 1986 3421 68th Ave Immeuble residentiel 8 lots 1 631 709 € (203 964 €/Lot) Taux de capitalisation 9,71 % Oakland, CA 94605

8-unit apartment complex offering eight 3bd/1bth townhome unit with excellent current income and strong rental upside. 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. This is a high-demand Oakland hills location just minutes from HWY 580, HWY 880, and HWY 13, providing excellent connectivity throughout Oakland, Berkeley, San Leandro, and the greater Bay Area. The property is close to popular restaurants, coffee shops, parks, schools, grocery stores, neighborhood markets, and retail centers making this an easy building to rent so it's typically always 100% occupied.
***EMAIL DAVID HOWARTH AT DAVID@PINZAGROUP.COM OR TEXT 510-822-1331 FOR A COMPLETE MARKETING PACKAGE OR PRIVATE SHOWING.