Comm Ri Multi-units 5+ For Sale
3,459 Sqft - 3388 PIEDMONT, OAKLAND, California 94611-5734
Property Description
Located in the highly desirable Piedmont Avenue neighborhood in North Oakland, this mixed-use six-unit property features substantial upside and value-add potential. Primary factors driving the 34.7% rental upside are the close proximity to MacArthur BART and major metropolitan highways.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40677109
Price : $1,050,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 3,459 Sqft
Year Built : 1910
Lot Area : 0.05 Sqft
Features
Heating System : Wall Furnace
View : Other
Roof : Tar And Gravel
Address Map
Country : US
State : CA
County : Alameda
City : OAKLAND
Zipcode : 94611-5734
Street : PIEDMONT
Street Number : 3388
Floor Number : 0
Longitude : W123° 44' 26.1''
Latitude : N37° 49' 17''
MLS Addon
Office Name : BAY APARTMENT ADVISORS
Building Type : Garden Apts
Area : Oakland Zip Code 94611
Address : 3388 PIEDMONT
Cross Street : Broadway
LA1User Code : R01916819
LA1Agent First Name : NATHANIEL
LA1Agent Last Name : REINKE
Status Category : Sold
Tot # Parking Spaces : 0
Tot # of Units : 6
List $/SqFt : $304
Age : 105
Apx Lot Sq Ft : 2,000 Sqft
Type of Building : Apt Complex
Annual Taxes : $15,123
Total Deposits : $0
ADDTL FEATURES MISC. : Wired For Cable Tv
EQUIPMENT ADDITIONAL : Fire Sprinklers, Water Heater Gas, Fire Alarm System
EXTERIOR : Stucco
FLOORING : Laminate, Hardwood Floors
LOT DESCRIPTION : Level, Regular, Corner
OPERATING EXPENSES : Electric, Gas, Insurance, Maintenance/repair, License/ads, Property Tax/assessments, Utilities, Vacancy Factor, Water
SEPARATE METERS : Electric, Gas
SOME UNITS HAVE : Refrigerator, Oven Range Free Standing
TENANT PAYS : Cable Tv, Electric, Gas
WATER/SEWER : Sewer System - Public
Census Tract : Yes
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $3,600
2nd Loan Balance : $73,500
Tot Other Loans : $0
Financial Data Verif(Y/N) : 4.04
FINANCIAL DATA SOURCE : Owner, Other, Estimated
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Seller Reserved
Listing Service : Full Service
Special Information : None
Original Price : $1,050,000
Sold Price : $940,000
Previous Price : $1,050,000
Sale $/SqFt : $0
