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27Th Ave Oakland, CA 94601

For Sale
$995,000

Seven-unit property with significant rental upside potential.

Property size:
3,688 SF
Lot size:
0.08 Acres

Property Features for 27Th Ave

General Information

Standard status
Active
Size
3,688 SF
Lot size
0.08 Acres

Building Details

Year built
1920

Source: COMPASS Agent KEN WU

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Oakland Multifamily Investment Opportunity

This multifamily property, priced at $142,000 per unit, presents an investment opportunity with a 6.08% cap rate and a 9.32 GRM. The property consists of two buildings: a five-unit structure and a duplex, both enclosed by a perimeter fence. Recent capital improvements include upgraded electrical subpanels throughout the property. Interior upgrades include five of the seven units featuring updated kitchens and bathrooms. The property offers investors over 30% in rental upside, creating an opportunity to increase value over time. The property is located in Oakland, CA.
Location Intelligence

Current Use by Public Records

Duplexes

Map

City
Oakland
County
Alameda
State
California
Longitude
-122.235363
Latitude
37.776732

FAQs

What type of property is this?
Apartment building - Seven-unit property with significant rental upside potential.
Where is this apartment building located?
The property is located at 27Th Ave Oakland, CA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: - Compelling 6.08% cap rate and 9.32 GRM at $142,000 per unit.; - Significant rental upside of over 30% to increase NOI.; - Two buildings (five-unit and duplex) enclosed by a perimeter fence for privacy and security.
More about this property
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