1936 94th AVE Oakland, CA 94603

Cox-Area 3-Unit Investment Opportunity: 1936 94th Ave, which measures 2,410 Sq Ft per the Tax Records, is a well-maintained 1908 Victoria Triplex that appears to have had a full foundation replacement & full exterior siding upgrade in 2011. The attractive building features two 1BD/1BA units and one 2BD/1BA unit, all located in an up-and-coming area bounded by Bancroft Ave, International Blvd & 98th Ave. The building is situated on a park-like 7,000 Sq ft lot w/a large rear yard accessible by all tenants & ready for possible expansion or further parking options beyond the 2-car driveway. Held in one family for many years, the building is currently generating scheduled income in the $58,800 per year range (and a possible 5.5% Cap Rate assuming a 35% expense ratio). This is an attractive opportunity for investors looking for a building w/a solid unit configuration & occupancy. Broker's Note: This is an as-is Trust Sale. Buyers to verify all financial data, room count & permit history.