3314 Farnam St Oakland, CA 94601
Property Features for 3314 Farnam St
General Information
- Lot size
- 0.09 Acres
Building Details
- Year built
- 1923
Source:
Elliman
Listing Agent: Stephen Pagones
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Oakland Multifamily Investment Opportunity
Located in Oakland, CA, 3314 Farnam Street presents an investment opportunity for qualified investors. Constructed in 1923, this well-maintained apartment community comprises 4 units. The unit mix includes 1 two-bedroom, two-bathroom unit and 3 two-bedroom, one-bathroom units. Each unit has individual gas and electric meters. Residents benefit from secure, gated access and a shared backyard. There is an 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.
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Alameda
- State
- California
- Longitude
- -122.2239434
- Latitude
- 37.7778557
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four-unit apartment building in Oakland, CA, built in 1923.
Where is this quadplex located?
The property is located at 3314 Farnam St Oakland, CA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: - Opportunity to increase cash flow through potential ADU conversion of 3 storage units.; - Well-maintained 4-unit apartment building.; - Desirable unit mix: 1 large 2-bed/2-bath unit and 3 2-bed/1-bath units.