2112 35th Ave
Oakland, CA 94601
- – beds
- – baths
- – sqft
- 6,708 sqft lot
- 1961 build
- – on site
www.211235thave.com; 7-unit apartment complex featuring Three 2bd/1bth units and four 1bd/1bth units with market rate tenants and excellent long-term upside. The current cap rate is 7.18% and the current GRM is 9.46. The property was originally built in 1961, offers approximately 4,850 square feet of rental space, and sits on a 6,708 square foot lot with four garages, and multiple off-street parking spaces. The units have all been remodeled over time and offer newer kitchens and bathrooms, wood floors, double pane windows, countertops, custom molding, a newer roof, and more. The property is easy to manage and is separately metered for PG&E providing for low annual operating expenses. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turn-key investment for the next owner. Currently there are two vacant units making this perfect for an owner-occupant or an investor looking to lease at a top market rate.
Last checked:
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Last updated Oct 2, 2024
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MLS# 41074419 —
The Building
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Year Built:1961
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Construction Materials:See Remarks
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Total Number Of Units:7
Location
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Directions:Foothill Rt on 35th Ave Cross Street: Galindo St.
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Latitude:37.78427200
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Longitude:-122.21623900
The Property
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Property Type:Residential Income
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Lot Size Area:6708.0000
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Lot Size Acres:0.1540
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Lot Size SqFt:6708.00
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:94601
The Listing
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Parcel Number:3221122
Heating & Cooling
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Heating:1
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Heating:See Remarks
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Cooling:Yes
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Cooling:See Remarks
Parking
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Parking Spaces:4.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/25/24
Sep 25, 2024
|
Listed / Active | CRMLS_CA | $1,295,000 | 93.3% (4.9% / YR) |
|
8/19/05
Aug 19, 2005
|
BRIDGE | $670,000 |
