Address
7717 Ney Avenue Oakland, CA
Price
$ 1,049,000
Property Attributes
  • ML#40922031
  • TypeIncome
  • CountyALAMEDA
  • CityOakland
  • AreaOakland Zip Code 94605
  • Zip94605
  • StyleFOURPLEX
  • Year Built1965
  • Taxes13650
  • Price$ 1,049,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4130
  • Lot Size8,276 SqFt
Listing Provided Courtesy Of:
Cory Waxman with Colliers Parrish International.
Property Description

Built in 1965 of wood frame construction, flat composition roof, and concrete slab foundation, 7717 Ney Avenue in Oakland, offers four units totaling +/-4,130 gross rentable square feet. The unit mix boasts an impressive and rare mix of (1) three bedroom/two bath and (3) two bedroom one bath units. The offering presents investors with an excellent opportunity to acquire an asset directly in the path of progress for future developments in the immediate area. Strategically, an investor can capture approximately 58% upside on market rents via tenant turnover and unit renovations. Individually metered gas and electric mitigate operating expenses and on-site laundry coupled with the possible addition of an ADU unit would greatly boast income and streamline operations.

Price History
9/23/2020 Listed $1,049,000

General Features

Age 55
Disclosures Nat Hazard Disclosure
Laundry Coin Operated, In Laundry Room

Exterior Features

Lot Size Area 0.19
Lot Sq Ft Apx 8288

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 94605

Price
AVG $700K
$1.05M
Taxes
AVG $922,596
$13,650
Visits
AVG 25
21
Year Built
AVG 1942
1965
Walkscore
AVG 73
55
Data Provided by Walkscore ® not using MLS data

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