FOR SALE
Address available on request
Oakland, CA 94606
7,000 Lot Sq Ft
Built 1964
$1,100,000
Property Overview
This property is a dynamic cash flow machine, as it generates a true 5% Capitalization Rate on the existing financials and is located in the very desirable Highland Heights Neighborhood less than 5 minutes away from Highland Hospital making for an extremely strong rental demand. The unit mix is outstanding, comprised of 5 very large 2bd/1ba apartments with on-site parking for each unit and the property also has onsite laundry. Two of the units are rented close to market and the other Three are under market, which means there is also upside value in the rents.
Home Details
- Property type
- Residential Income - Apartment
- Year built
- 1964
- Lot size
- 7,000 sq ft
- Days on market
- 2105
- MLS status
- Active
Features & Amenities
Lot
- Sloped Down
Community, Schools & Utilities
Community
- Annual property tax
- $17,316
Utilities
- Heating
- WallFurnace
- Cooling
- None
Location & Neighborhood
Frequently Asked Questions About Address available on request
Property type: Residential Income
The current asking price is $1,100,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of Address available on request. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1964. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Oakland, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Oakland property.
The MLS currently reports the property as Active. It has been listed for 2105 days. Status can change, so verify availability before relying on it.
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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