2006 38Th Ave, OAKLAND, CA 94601

Property Information
  • MLS: 40892719
  • Type: FOURPLEX
  • Lot Size: 0.12
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Contact agent for inquiries and disclosures. Offer date TBD. ONE VACANT UNIT This newly painted, turn-key investment property is fully occupied and competitively priced at $1,100,000 with a 5.93 Capitalization Rate and a Gross Rent Multiplier of 12.4. 2006 38th Avenue is an inexpensive asset to maintain as the tenants pay for their own Gas, Electric and Water utilities. In addition to a brand new roof, 2006 38th boasts both on-site laundry and on-site parking creating a very convenient and well-located place to live and invest. Located in the Jefferson neighborhood, this property offers an urban/suburban feel and provides an excellent commuter location. Close to BART, 580, parks, restaurants and schools. This investment presents an excellent opportunity for an investor to capitalize on a densely populated area that continues to experience rapid rent growth.
  • MLS: 40892719
  • Type: FOURPLEX
  • Listed: 1/17/2020
  • Year Built: 1952
  • EXTERIOR
    • Stucco
    • Wood Frame
  • Parking Description
    • Carport - 2 Or More
    • Parking Area
  • General Features
    • Addtl Misc. Features: None
    • All Units Have: Dishwasher
    • Basement: None
    • Cooling: No Air Conditioning
    • Disabled Features: Other
    • EQUIPMENT ADDITIONAL: Washer
    • HEATING: Gas
    • Lot Description: Regular
    • Some Units Have: Fireplaces
    • Water/Sewer: Sewer System - Public
    • Yard Description: Patio
  • FLOORING
    • Carpet
    • Tile
  • Separate Meters
    • Electric
    • Gas
    • Water
  • Laundry
    • Coin Operated
    • Common Room
    • Dryer
    • In Laundry Room
    • Washer
  • Views
    • Bay
    • Partial

Courtesy of Karen Mulcahy, Zephyr Real Estate

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3982 Horner Street, Suite A, Union City, CA 94587 | Phone: (510) 505-9933 | Fax: (510) 505-9911 | General Email: info@mrlbayarea.com