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1165 71st Ave

Oakland, CA 94621
  • $949,000
  • STATUS: Active
  • ON SITE: 12 Days
  • ID#: 40977579
UPDATED: 55 min ago
$949,000
  • 12
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,696
    SQFT
  • $257
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1965
County:
Area:

School Ratings & Info

Description

PROPERTY HIGHLIGHTS UNDER MARKET PRICING: Listed at a 6% CAP, under Redfins market price projection of $994,367 " great value Clean and well-maintained fourplex available near Coliseum BART offered at $257 per SqFt Very Strong unit mix featuring (4) spacious 3BR/1BA units Strong rent roll with an in-place 6.00% CAP Rate / 11.16 GRM Huge upside with a market 12.35% CAP Rate / 6.48 GRM Off-street 1:1 gated parking Great opportunity for a buyer to remodel units and pick their own tenants creating a great cash flowing asset Location Overview Walk Score 82 (Very Walkable) Strong Coliseum location " short walk to local retailers on International Blvd 0.5 mile walk to Coliseum BART Short walk to many local retailers including diners, restaurants, convenience stores, a gym and much more Quick commute to neighboring Bay Area cities including Downtown Oakland, Berkeley, San Francisco, and other major employment hubs

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Bay East ©2022. CCAR ©2022. bridgeMLS ©2022. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2022-01-23T09:36:44.4.

www.doyleresidential.com/homes/124607885
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1165 71st Ave Oakland, CA 94621

  • Price: $949,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 55 min ago
  • ID#: 40977579
12
Beds
0
Baths
0
½ Baths
0.11
Acres
3,696
SQFT
$257
$/SQFT
1965
Built
Neighborhood:
Oakland
County:
Alameda
Area:
Oakland
Property Description
PROPERTY HIGHLIGHTS UNDER MARKET PRICING: Listed at a 6% CAP, under Redfins market price projection of $994,367 " great value Clean and well-maintained fourplex available near Coliseum BART offered at $257 per SqFt Very Strong unit mix featuring (4) spacious 3BR/1BA units Strong rent roll with an in-place 6.00% CAP Rate / 11.16 GRM Huge upside with a market 12.35% CAP Rate / 6.48 GRM Off-street 1:1 gated parking Great opportunity for a buyer to remodel units and pick their own tenants creating a great cash flowing asset Location Overview Walk Score 82 (Very Walkable) Strong Coliseum location " short walk to local retailers on International Blvd 0.5 mile walk to Coliseum BART Short walk to many local retailers including diners, restaurants, convenience stores, a gym and much more Quick commute to neighboring Bay Area cities including Downtown Oakland, Berkeley, San Francisco, and other major employment hubs
Exterior Features

Attached Garage YN No Carport YN No Construction Materials None Exterior Features No Yard Garage YN Yes Lot Size Area 0 Parking Features No Garage Parking Spaces Total 4

Interior Features

Basement None Building Area Total 3696 Cooling No Air Conditioning Cooling YN Yes Flooring None Heating None Heating YN No

Property Features

Age 57 City Transfer Tax Yes For Sale Or Rent For Sale Listing Terms None Lot Features None Other Equipment None Point Of Sale Ordinance Yes Property Sub Type Quadruplex Special Listing Conditions Standard Utilities No Water/Sewer

Listing courtesy of Robert Dau of Transwestern Property Co..


Bay East ©2022. CCAR ©2022. bridgeMLS ©2022. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2022-01-23T09:36:44.4.

 
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