3607 Maple Ave
Oakland, CA 94602
- – beds
- – baths
- – sqft
- 4,323 sqft lot
- 1927 build
- – on site
4-unit apartment complex with solid current cash flow and excellent rental upside. The current cap rate is 6.65% and the current GRM is 11.12. The property offers an ideal unit mix of one 4bd/2bth unit, one 3bd/2bth unit, one 3bd/1bth unit, and one 2bd/1bth unit. The two best units will be delivered vacant making for a perfect opportunity for an owner-occupant or investor. The property was originally built in 1927, offers approximately 4,172 square feet of rental space, and sits on a 4,323 square foot lot with a large center courtyard. All units were completely renovated in 2014 and there is no deferred maintenance creating a turn-key investment for the new owner. All the units offer a modern finish with new hardwood floors, custom molding, granite countertops, stainless steel appliances, upgraded lighting, double pane windows, and new electrical and plumbing systems. Maintenance is low and the property is separately metered for PG&E providing for low annual expenses. This is a perfect opportunity for any investor seeking strong cash flow in one of the most attractive locations in Oakland. This is an excellent Oakland location in the Dimond district East of HWY580 near countless restaurants, coffee shops, and shopping.
Last checked:
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Last updated Oct 27, 2024
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MLS# 41069971 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1927
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Construction Materials:Other
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Total Number Of Units:4
Location
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Directions:MacArthur Ave right on Maple Ave Cross Street: MacArthur Ave.
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Latitude:37.79768500
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Longitude:-122.20500200
The Property
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Property Type:Residential Income
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Subtype:Quadruplex
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Lot Size Area:4323.0000
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Lot Size Acres:0.0992
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Lot Size SqFt:4323.00
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Lot Size Source:Public Records
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Parcel Number:2997736
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
Utilities
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Sewer:Public Sewer
Parking
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Parking:Yes
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Parking:Other
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 |
|---|---|---|---|---|
|
10/20/24
Oct 20, 2024
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Price Changed | CRMLS_CA | $1,599,000 | -3.1% |
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8/15/24
Aug 15, 2024
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Listed / Active | CRMLS_CA | $1,650,000 | -5.7% (-1.2% / YR) |
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9/22/23
Sep 22, 2023
|
Price Changed | BRIDGE |
