Homes for sale - 2133 34th, Oakland, CA 94601

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Rebecca Brooks

rebeccabrooks@epique.me +1(415) 717-8398

Listed by Brandon Tran Fifty Hills Real Estate

$1,000,000

Est. payment - /mo

6 Beds

3 Baths

2,839 SqFt

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UPDATED:

09/16/2024 10:08 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,839 sqft

Price per Sqft $352

MLS Listing ID 424042455

Bedrooms 6

Full Baths 3

HOA Y/N No

Year Built 1964

Lot Size 4,500 Sqft

Acres 0.1033

Property Description

Strategically located in Fruitvale District between I-580 and I-880, 2133 34th Avenue is a rare opportunity to acquire a turnkey 3 unit apartment building in the emerging Oakland Market. The asset features (1) One Bedroom One Bathroom Unit, (1) Two Bedroom One Bathroom Units, and (1) 3 Bedroom One Bathroom Unit., Three covered parking spots, each with one additional tandem uncovered spot totaling 6 parking spots. Unit 2 was remodeled in 2023, and Unit 3 was remodeled in 2022. Potential to add coin operated laundry machines for additional income. Close proximity to mass transit. Offered at an attractive 6.35% CAP Rate/10.89 GRM and Pro Forma CAP Rate 6.75%/10.47 GRM, the complex will immediately provide investors with great cash flow on day one with potential for future upside.

Location

State CA

County Alameda

Area Oakland Zip 94601

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet, Vinyl

Fireplace No

Exterior

Utilities Available City, Internet Available, Natural Gas Connected

Total Parking Spaces 6

Building

Lot Description Sidewalk, None

Level or Stories Two

New Construction No

Others

Tax ID 27881331

Acceptable Financing 1031 Exchange, Conventional

Listing Terms 1031 Exchange, Conventional

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Rebecca Brooks

+1(415) 717-8398

San Francisco Bay Area Team Leader | License ID: 1249870

San Francisco Bay Area Team Leader License ID: 1249870

2133 34th Oakland, CA 94601

Rebecca Brooks

Key Details

Location

Interior

Exterior

Building

Others

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2133 34th