Priced attractively at $1.725M, this investment presents an opportunity with a current cap rate of 5.0%, offering a balanced return on investment.
The property boasts a mix of (1) two-bedroom/one-bathroom, (6) one-bedroom/one-bathroom, and (1) studio units, providing versatility and catering to varied tenant preferences.
Benefit from recent upgrades including dual-pane windows, modern amenities, and a fresh coat of paint, enhancing the property's value and tenant satisfaction.
Positioned strategically with a convenient location near Fruitvale Bart Station, highways 580 & 880, Downtown Oakland, Lake Merritt, and Oakland International Airport, ensuring high demand and potential for increased profitability.
Good Transit
Transit Score®
Very Bikeable
BIKE SCORE®
WALK SCORE ®
Very Walkable
Tamien Commuter Rail (Caltrain) 11 min drive - 6.3 mi
San Jose Diridon Commuter Rail 10 min drive - 5.5 mi
San José International Airport 13 min drive - 8.5 mi
(Mountain View - Winchester Line) 5 min drive -2.7 mi
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