Oakland Apartment Complex
For Sale
Contact for pricing
Pending
314 105th Ave, Oakland, CA 94603
49-unit apartment complex with high occupancy and income potential.
Property SizeContact for details
Days on Market714
Property Features for 314 105th Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Building Details
Units
49
Listing Agency:
Liberty Business Advisors
Listed By:
Matt Sadati · License #00704888
(925) 932-2450
Source:
Crexi
Added: Sep 20, 2024
Changed: Aug 23
Last Checked: Sep 3 at 5:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Liberty Business Advisors
Investment Insights
Based on property information with market context.
This 49-unit apartment complex is located in Oakland, CA. The property features 21 one-bedroom, one-bath units, each approximately 560 square feet, and 28 two-bedroom, two-bath units, each approximately 799 square feet. The complex maintains a 98% occupancy rate and has a waiting list. The property generates an annual income of $520,000 and offers potential for rental income growth as units become vacant and rents are increased. The unit mix caters to a diverse tenant base, enhancing rental prospects. The owner is offering an assumable loan of approximately $4,500,000 at a low interest rate.
Key Highlights
- High Annual Income: Generates $520,000 annually.
- Assumable Loan:** Take advantage of an assumable loan of approximately $4,500,000 at a low interest rate.
- High Occupancy Rate:** Boasts a 98% occupancy rate with a waiting list.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
540
Businesses Nearby
Explore this area
Business Placement
Demographics for 94603, CA
36,681
Population
11,199
Households
3.3
Avg Household Size
32
Median Age
15%
College-Educated
69%
High-School Grad
2.7 sq mi
ZIP Area
13,586
Density / Sq Mi
$71,086
Median Household Income
$37,025
Median Earnings
$1,838
Median Rent
$596,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 49-unit apartment complex with high occupancy and income potential.
Where is this apartment building located?
The property is located at 314 105th Ave Oakland, CA.
What is the asking price?
The asking price for this property is $6,999,000.
What are key features of this property?
This property features: High Annual Income: Generates $520,000 annually.; Assumable Loan:** Take advantage of an assumable loan of approximately $4,500,000 at a low interest rate.; High Occupancy Rate:** Boasts a 98% occupancy rate with a waiting list.
