Courtesy: Michael Pagones - KW Advisors East Bay
Qualified investors are extended the opportunity to acquire 3314 Farnam Street located in Oakland, CA. This well-maintained apartment community of 4 units was built in 1923 and includes 1 large two bedroom / two bathroom unit and 3 two bedroom one bathroom units. Each unit is individually metered for gas and electric. Tenants enjoy secure gated access and a common area backyard. 3314 Farnam offers investors the opportunity to increase cash flow through potential conversion of the 3 storage units into ADU's, capital expenditure pass throughs and rent increases. Buyer shall be responsible for verifying unit determination.
41053819
Fourplex, Multi-Family, Other
8
Alameda
1923
0.09
Acres
Stucco
4,060
Sq. Ft.
Individual Electric Meter, Individual Gas Meter
Interior Features
- Flooring
- Hardwood, Tile, Laminate, Linoleum
- Cooling
- None
- Heating
- Other. Wall Furnace.
- Basement
- None
- Energy
- 0| 1|
Exterior / Lot Features
- Parking
- 0 Covered Parking Spaces. Enclosed.
- Exterior
- Stucco
- Additional Exterior/Lot Features
- Back Yard. Regular.
Financial Considerations
33212214
Cash, Conventional, 1031 Exchange
Arrows indicate 90 day trend
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