3647 West St , Oakland CA

$1,249,000 | $5,756 / Month*

List Firm - The Pinza Group, Inc
List Agent - David Howarth
MLS #40952129



Square Feet: 4736
Included: Other
Property Features: Other
Foreclosure: No
Water/Sewer: Sewer System - Public, Water - Public
Basement: Other
Garage Type: Other
Interior Features
Square Feet: 4736
Exterior Features
Construction: Other Skirt
Features: Other
Roof: Composition
Cooling: Other
Heating: Other Heat

4-unit apartment complex consisting of four massive 3bd/1bth units with excellent cash flow. 7.72% cap rate and 9.52 GRM on current rents. Two of the four units are vacant providing an excellent opportunity for an owner-occupant, extended family, or an investor looking to set high market rents. The property was built in 1912, offers approximately 4,736 square feet of rental space, and sits on a 5,400 square foot lot. The property is separately metered for PG&E and has low operating expenses. Upgrades include a variety of Victorian details, mature landscaping, a security gate, an onsite laundry room and more. Attractive Oakland location near Temescal, Downtown Oakland, and Berkeley with easy access to restaurants, coffee shops, and shopping. The property is only a short distance from MacArthur BART station and the Bay Bridge.

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