Oakland, CA 94619,3675 39Th Ave
Oakland, CA 94619,3675 39Th Ave
Oakland, CA 94619,3675 39Th Ave
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$1,295,000
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9,726 Sqft Lot
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3675 39Th Ave Oakland, CA 94619

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UPDATED:

10/29/2024 12:17 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41072939

HOA Y/N No

Year Built 1979

Lot Size 9,726 Sqft

Property Description

www.367539th.com; 6-unit apartment complex featuring six 2bd/1bth units with strong current income and excellent rental upside. Current cap rate of 7.42% and current GRM of 8.88. The property was originally built in 1979, offers approximately 5,340 square feet of rental space, and sits on an extra-large 9,725 square foot lot with 8 parking spaces and a nice backyard area. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turnkey investment for the next owner. The units have been remodeled and offer new kitchens, bathrooms, upgraded electrical and plumbing, new flooring, double pane windows, new exterior and interior paint, a newer roof, and more. The property has been historically managed by the owner and offers low annual operating expenses. One unit will be delivered vacant that’s perfect for an investor seeking high market rents or a possible owner-occupant.

Location

State CA

County Alameda

Interior

Heating See Remarks

Cooling See Remarks

Fireplace No

Exterior

Total Parking Spaces 10

Others

Tax ID 3019208


California Regional MLS (CRMLS)
Listed by David Howarth • The Pinza Group, Inc

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Naim Olachea

Agent | License ID: 01956839

+1(951) 233-1890

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3675 39Th Ave