$1.25MM in recent Cap-Ex ½ mile to Grand-Lake and Piedmont Ave Potential Rent Control Exempt Status (pending appeal) 4.18% Cap / 14.54 GRM (Current) 3921 Harrison Street contains a sixteen (16) unit apartment building situated on the border of the City of Piedmont directly between the Grand-Lake shopping district and the Piedmont Avenue shopping district. It offers investors the opportunity to acquire a property on the border of Piedmont. Built in 1963, 3921 Harrison Street is located in one of the most highly desirable neighborhoods of Oakland. The property consists of a four-story apartment building with fourteen (14) onsite garage parking spots. The apartment structure’s wood frame and stucco exterior is built above the concrete podium base that houses the garaged parking for the residents. Seismic upgrades, as well as new siding and a new roof, were included in the building improvements of more than one and a quarter million dollars ($1,250,000+) spent over the last six years.