366 Oakland Ave, Oakland, CA 94611

$695,000
2,077
SqFt

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List Price
$695,000
Status
ACTIVE
Year Built
1912
MLS#
41153227
Living Area
2,077
Lot Size
5,029
Type
Multifamily
Zip
94611
city
Oakland
Neighborhood
Adams Point

Property Description

Both units delivered vacant. 366 Oakland Ave is a 1912 two-unit building between the Grand Avenue and Piedmont Avenue districts, with AC Transit's P Transbay line on Oakland Avenue. Unit 366 is a 1,270 SF upper two-bedroom with a brick fireplace, bay window, formal dining room with built-in buffet, hardwood floors, and a laundry room. Unit 366A is an 807 SF two-bedroom with its own side entry. One-car garage for Unit 366. Separately metered electricity. Live in one unit and lease the other, or lease both. Pro forma at estimated market rents: $73,680 gross scheduled income, 6.4% cap rate, 9.4 GRM. Offered at $695,000 ($347,500/unit, $335/SF).

Additional Information

Lot Description
Sloped Up, Back Yard
Flooring
Hardwood
Heating
Electric, Natural Gas, Wall Furnace, Fireplace(s)
Cooling
Ceiling Fan(s)
Laundry
Dryer, Gas Dryer Hookup, Laundry Room, In Unit, Washer, Washer/Dryer Hookups
Exterior
Vinyl Siding, Frame
Roof
Composition Shingles
Garage
Yes
Garageparking
Garage, Assigned
Water Sewer
Public
Building Type
Duplex
Acres
0.12

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Listing courtesy of Joey Wang from Keller Williams Realty. 510-592-5554

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