Welcome to an outstanding investment opportunity: a lucrative 6-unit property consisting of two structures, strategically situated in the Oak Center neighborhood of West Oakland. Positioned on a corner lot, this property boasts impressive performance with a CAP rate exceeding 8.5%. Each unit is equipped with individual PG&E meters, offering convenience and efficiency for both landlord and tenants. Noteworthy is the exemption from soft-story retrofit requirements and the sewer lateral compliance in accordance with the City of Oakland's regulations.
424027185
Multi-Family, Other
10
Alameda
0.1148
Acres
3,970
Sq. Ft.
16
Exterior / Lot Features
- Parking
- 2 Parking Spaces. Carport, On Street, Open, See Remarks.
- Additional Exterior/Lot Features
- Corner Lot.
Financial Considerations
538416
1031 Exchange
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