Comm Ri Multi-units 5+ For Sale
2,435 Sqft - 2353 82nd Ave, OAKLAND, California 94605
Property Description
New Price! An excellent income property just got better! Over $75k annually! Listed at a 7.5% CAP rate (Capitalization rate)! GREAT opportunity to get the best of two worlds in investing with escalating leases on the 2 commercial units. Plus a reliable HUD residential tenant, more than a decade in place, with rent adjusted annually to market. Additionally, there’s the benefit of appreciation that comes with the residential market.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40822190
Price : $699,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 2,435 Sqft
Year Built : 0
Lot Area : 0.07 Sqft
Features
Heating System : Other Heat
Cooling System : Ceiling Fan(s)
Basement : Unfinished
Roof : Other
Address Map
Country : US
State : CA
County : Alameda
City : OAKLAND
Zipcode : 94605
Street : 82nd Ave
Street Number : 2353
Floor Number : 0
Longitude : W123° 49' 55.7''
Latitude : N37° 45' 41.4''
MLS Addon
Office Name : Keller Williams Realty
Building Type : Other
Area : Oakland Zip Code 94605
Address : 2353 82nd Ave
Cross Street : Hillside St
Directions to Property : MacArthur turn S/W on 82nd
LA1User Code : R01403673
LA1Agent First Name : MARK
LA1Agent Last Name : DUBOIS
Status Category : Sold
Tot # Parking Spaces : 1
Tot # of Units : 3
Dist/Nbrhood/Sub : EASTMONT
List $/SqFt : $287
Age : 0
Apx Lot Sq Ft : 2,960 Sqft
Type of Building : Apt Complex
Annual Taxes : $10,736
Total Deposits : $0
ADDTL FEATURES MISC. : Other
DISABLED FEATURES : Other
EQUIPMENT ADDITIONAL : Other
EXTERIOR : Wood Frame
FLOORING : Vinyl, Partial Carpeting
LOT DESCRIPTION : Regular
ON-SITE PARKING DESC : Attached Garage, Garage Parking
OPERATING EXPENSES : Insurance, Maintenance/repair, License/ads, Property Tax/assessments, Water
TENANT PAYS : Electric, Gas, Trash, Insurance
UNITS-OTHER : Store(s) Included
WATER/SEWER : Water - Public, Sewer System - Public
Census Tract : 4084
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : Other
Other Loans (Y/N) : No
1st Loan Balance : $1,340
2nd Loan Balance : $75,816
Tot Other Loans : $0
Financial Data Verif(Y/N) : 7
FINANCIAL DATA SOURCE : Owner, Other
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Seller Reserved
Listing Service : Full Service
Special Information : None
Original Price : $719,999
Sold Price : $678,650
Previous Price : $719,999
Concessions : 1536 CREDIT
Sale $/SqFt : $0
