2851 West St - Apartments FOR SALE


Oakland, CA 94608- Hoover-Foster
$1,649,000 USD
408-909-8629
2851 West St, Oakland, CA for Sale
$1,649,000 USD
Apartments - FOR SALE
1/46
null | 7.83% Cap Rate

2851 West St
Oakland, CA 94608
Hoover-Foster


HIGHLIGHTS

  • This Investment Opportunity Features Eight (8) Total Units Comprised of Six (6) 2bd/1bth Units and Two (2) 1bd/1bth Units Set on a 5,600 SF Lot
  • Units Have Undergone Recent Remodeling and Feature Updated Kitchens and Bathrooms with New Dual-Pane Windows
  • Includes a Private, Gated Parking Lot in the Back with Dedicated Spaces for Each Unit
  • High Cashflow Stabilized Asset w/ Easy Management
  • Prime North Oakland Location - Close to Popular Restaurants, Cafes, Public Transportation, Schools, Parks, and Shopping Options

OVERVIEW

The Pinza Group is pleased to present 2851 West Street in Oakland, CA, featuring eight total units comprised of six 2bd/1bth units and two 1bd/1bth units set on a 5,600 SF lot. Recent remodeling includes updated kitchens and bathrooms, and new dual-pane windows. The property offers a private, gated parking lot with dedicated spaces for each unit and ADU potential. Located in a prime North Oakland location, it is close to popular restaurants, cafes, public transportation, schools, parks, and shopping options.

FOR SALE DETAILS

PRICE

$1,649,000 USD

PRICE/SF

$272 USD /SF

# OF UNITS

8

PRICE/UNIT

$206,125

CAP RATE

7.83%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

R-36, Oakland

APN/PARCEL ID

009-0693-001-00

ASK ABOUT THIS PROPERTY

Alec MatutPinza GroupMore Info
408-909-8629

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Alec MatutPinza GroupMore Info
408-909-8629

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.