CA > Oakland > Downtown
Oakland, CA 95607,667 10th St
Oakland, CA 95607,667 10th St
Oakland, CA 95607,667 10th St
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Altie Schmitt

Altie Schmitt

+1(925) 528-8000
Listed by David Howarth • The Pinza Group, Inc
$1,100,000
Est. payment /mo
4,816 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,816 sqft

Price per Sqft $228

Subdivision Downtown

MLS Listing ID 41114372

HOA Y/N No

Year Built 1909

Lot Size 2,298 Sqft

Property Sub-Type Quadruplex

Source Bridge AOR

Property Description

Showing: Thursday 11/6 1:30-2:30pm. Extra Large 4,816 square foot 4-unit apartment complex near Downtown Oakland with strong current income and excellent rental upside. The current cap rate is 5.79% and the current GRM is 11.71. The unit mix is ideal and offers one 3bd/1bth unit, two 2bd/1bth units, and one studio unit. The top-story 2bd/1bth unit will be delivered vacant by close of escrow making a perfect set-up for an owner-occupant. The property is over 4,800 square feet and separately metered for water and PG&E providing for low annual operating expenses. The building is 100% occupied with nice stable tenants that are easy to manage. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turn-key investment for the next owner. The units have been remodeled with newer kitchens, bathrooms, hardwood floors, custom lighting, in-unit washer dryers, a new roof, and a nice backyard area. This is a perfect opportunity for owner-user looking to occupy one or more units or an investor seeking great cash flow in a quiet neighborhood.

Location

State CA

County Alameda

Interior

Heating Other

Cooling Other

Flooring Wood

Fireplace No

Building

Lot Description Other

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Altie Schmitt

Altie Schmitt

+1(925) 528-8000

Partner at Village Associates | License ID: 00924672

Partner at Village Associates License ID: 00924672

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