Two Blocks from Piedmont | 6.47% Cap Rate | 671 Vernon St
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Two Blocks from Piedmont | 6.47% Cap Rate 671 Vernon St Immeuble residentiel 31 lots 6 044 940 € (194 998 €/Lot) Taux de capitalisation 6,47 % Oakland, CA 94610
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Positioned at the edge of Piedmont and steps from the Morcom Rose Garden in Oakland’s highly desirable Grand Lake neighborhood
- Diverse Unit Mix – 31 total units including (8) two-bedroom/one- bath, (20) one-bedroom/one-bath, and (3) studio units
- Covered gated parking, balconies in select units, a pool, and an on-site laundry room support strong tenant demand
- Easy access to Piedmont Avenue’s dining, coffee shops, retail boutiques, and conveniences, plus quick connectivity to major transit
- Recent Upgrades include a new roof, various interior improvements, and a completed seismic retrofit
- Prime location and desirable unit mix create a stable, high-demand asset with long-term upside in the Oakland multifamily market
RÉSUMÉ ANALYTIQUE
The Mitchell Warren Team is pleased to present 671 Vernon Street, a well-maintained 31-unit apartment building located in Oakland’s highly desirable Grand Lake neighborhood. The property features eight (8) two-bedroom/one-bath units, twenty (20) one-bedroom/one-bath units, and three (3) studio units, appealing to a wide range of renters in this strong, high-demand market. A new roof, various unit improvements, and a complete seismic retrofit were completed in recent years. Amenities include covered gated parking, private balconies in select units, a pool, and an on-site laundry room. With its prime location, recent improvements, and attractive unit mix, 671 Vernon Street represents a compelling opportunity for investors seeking a stable, well-located asset with long-term upside potential.
671 Vernon Street offers an unbeatable location in one of Oakland’s most desirable neighborhoods, positioned right at the edge of Piedmont and just steps from the serene Morcom Rose Garden. The property provides residents with a peaceful, residential setting while maintaining easy access to the vibrant amenities of Piedmont Avenue. The building’s location also offers excellent connectivity, with quick access to major transit routes and BART stations, providing seamless commutes throughout the East Bay and into San Francisco. With its combination of neighborhood charm, proximity to nature, and walkable access to shopping and dining, 671 Vernon Street represents a prime opportunity in the Oakland multifamily market.
671 Vernon Street offers an unbeatable location in one of Oakland’s most desirable neighborhoods, positioned right at the edge of Piedmont and just steps from the serene Morcom Rose Garden. The property provides residents with a peaceful, residential setting while maintaining easy access to the vibrant amenities of Piedmont Avenue. The building’s location also offers excellent connectivity, with quick access to major transit routes and BART stations, providing seamless commutes throughout the East Bay and into San Francisco. With its combination of neighborhood charm, proximity to nature, and walkable access to shopping and dining, 671 Vernon Street represents a prime opportunity in the Oakland multifamily market.
INFORMATIONS SUR L’IMMEUBLE
CARACTÉRISTIQUES
CARACTÉRISTIQUES DU LOT
- Balcon
- Cuisine
- Accès internet à haut débit
- Réfrigérateur
- Four
CARACTÉRISTIQUES DU SITE
- Accès 24 h/24
- Accès contrôlé
- Laverie
- Clôturé
- Ascenseur
LOT INFORMATIONS SUR LA COMBINAISON
| DESCRIPTION | NB DE LOTS | MOY. LOYER/MOIS | m² |
|---|---|---|---|
| Studios | 3 | - | 33 |
| 1+1 | 20 | - | 54 |
| 2+1 | 8 | - | 67 |
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Walk Score®
Très praticable à pied (85)
TAXES FONCIÈRES
| Numéro de parcelle | 010-0830-009-00 | Évaluation des aménagements | 5 571 868 € |
| Évaluation du terrain | 2 802 841 € | Évaluation totale | 8 385 406 € |
TAXES FONCIÈRES
Numéro de parcelle
010-0830-009-00
Évaluation du terrain
2 802 841 €
Évaluation des aménagements
5 571 868 €
Évaluation totale
8 385 406 €
CONTACTS
-
Timothy Warren -
Adam Beeri -
Kent Mitchell -
Randell Silva -
NAI Northern California
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Two Blocks from Piedmont | 6.47% Cap Rate | 671 Vernon St
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