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2112 35th Ave
Oakland, CA 94601 Harrington

$1,195,000 USD

Apartments For Sale • 4,850 SF

Property Details

Property Type Apartments
Total Building Size 4,850 SF
Lot Size 0.15 AC
Building Class C
Year Built 1961
Cap Rate 7.77 %
Zoning R50, Oakland

58 Transit Score

81 Walk Score

                
                    Highlights
                
                                7-unit Apartment Complex Featuring Three 2bd/1bth Units and Four 1bd/1bth Units with Strong Current Income and Excellent Rental Upside
                            
                                Remodeled Units with Newer Kitchens, Bathrooms, Paint, Wood Floors, Double Pane Windows, a Newer Roof, and More
                            
                                Low Maintenance Property Separately Metered for PG&E with Low Annual Operating Expenses
                            
                                Attractive Location Near Lake Merritt, BART, Restaurants, Coffee Shops, and Shopping Options
                            
                                Current Cap Rate: 7.18%, ProForma Cap Rate: 10.77%
                            
                                Current GRM: 9.46, ProForma GRM: 6.98

Cap Rate:

7.77 %

Amenities

Dishwasher
Disposal
Fireplace
Laundry Facilities

Public Transportation

Commuter Rail	Drive	Walk	Distance
Oakland (Capitol Corridor - Amtrak, Coast Starlight - Amtrak, San Joaquins - Amtrak)	7 min	-	4.2 mi
Emeryville (California Zephyr - Capitol Corridor Joint Powers Authority, Capitol Corridor - Capitol Corridor Joint Powers Authority, Coast Starlight - Capitol Corridor Joint Powers Authority, San Joaquins - Capitol Corridor Joint Powers Authority)	11 min	-	8.0 mi
Transit/Subway	Drive	Walk	Distance
Fruitvale Station (Dublin/Pleasanton - Millbrae - Bay Area Rapid Transit (BART), Fremont - Daly City - Bay Area Rapid Transit (BART), Fremont - Richmond - Bay Area Rapid Transit (BART))	1 min	15 min	0.8 mi
Airport	Drive	Walk	Distance
Metro Oakland International	11 min	-	6.6 mi
San Francisco International	39 min	-	27.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	5
Type:	Surface
Included in Rent:	Yes

David Howarth 510-822-1331 Pinza Group

2112 35th Ave Oakland, CA 94601 Harrington