Property Description
www.367539th.com; 6-unit apartment complex featuring six 2bd/1bth units with strong current income and excellent rental upside. Current cap rate of 6.48% and current GRM of 9.95. The property was originally built in 1979, offers approximately 5,340 square feet of rental space, and sits on an extra-large 9,725 square foot lot with 8 parking spaces and a nice backyard area. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turnkey investment for the next owner. The units have been remodeled and offer new kitchens, bathrooms, upgraded electrical and plumbing, new flooring, double pane windows, new exterior and interior paint, a newer roof, and more. The property has been historically managed by the owner and offers low annual operating expenses. One unit will be delivered vacant that’s perfect for an investor seeking high market rents or a possible owner-occupant.
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Address Map
U.S.
California
Alameda
Oakland
94619
3675 39Th Ave
0
W123° 48' 13.7''
N37° 47' 26.5''
MLS Addon
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0 Sqft
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Masterson St Rt on 39th Ave Cross Street: Masterson St.
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Residential Income For Sale Oakland

3675 39Th Ave, Oakland, Alameda, California, 94619

9,725 Acre
Visits : 3 in 12 days
$1,450,000
Listing ID #41072939
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 41072939
Price : $1,450,000
Year Built : 1979
Lot Area : 9,725 Acre
Status : Active
Agent info
Damian M. Ramirez
Damian M. Ramirez
  • 01974515
  • 1213238
  • PWDAMRA
Broker
Broker
A level-headed and composed professional.  Combat veteran and experienced CEO with the ability to train and motivate staff to meet challenging performance targets and consistently satisfy clients with high-quality service.
Contact Agent
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