Address
2006 38th Avenue Oakland, CA
Price
$ 1,230,000
Property Attributes
  • ID#40974309
  • TypeIncome
  • CountyALAMEDA
  • CityOakland
  • AreaOakland Zip Code 94601
  • Zip94601
  • StyleFOURPLEX
  • Year Built1952
  • Taxes$ 19571
  • Price$ 1,230,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3542
  • Lot Size5,227 SqFt
Listing Provided Courtesy Of:
Theodore Wong with Compass.
Data Source:
Contra Costa Association of REALTORS®
Property Description

Strategically located between I-580 and I-880, 2006 38th Avenue is a rare opportunity to acquire a 4 unit apartment building in the emerging Oakland Market. The asset features (1) Two Bedroom One Bathroom Unit, (3) Large One Bedroom One Bathroom Units, Five Off-street parking spaces, on-site laundry facilities and is sewer lateral compliant. Tenants enjoy the convivence of on-site laundry and being in close proximity to mass transit. Offered at an attractive 5.30% CAP Rate/13.58 GRM and Pro Forma CAP Rate 5.92%/12.44 GRM, the complex will immediately provide investors with great cash flow on day one with potential for future upside.

Price History
12/8/2021 Listed $1,230,000

General Features

Age 70
Disclosures None
Laundry Y/N Coin Operated

Exterior Features

Lot Size Area 0.12
Lot Sq Ft Apx 5415

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 94601

Price
AVG $1.03M
$1.23M
Taxes
AVG $16,606
$19,571
Visits
AVG 33
14
Year Built
AVG 1930
1952
Walkscore
AVG 86
88
Data Provided by Walkscore ® not using MLS data

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