3227-3231 Telegraph Ave - Apartments FOR SALE


Oakland, CA 94609
$1,820,000 USD
916-369-1500
3227-3231 Telegraph Ave, Oakland, CA for Sale
$1,820,000 USD
Apartments - FOR SALE
1/54
null | Request Cap Rate

3227-3231 Telegraph Ave
Oakland, CA 94609


HIGHLIGHTS

  • Close proximity to Hwy 24

OVERVIEW

Discover a lucrative investment opportunity at 3231 Telegraph Ave, Oakland, CA 94609. This well-maintained 6-unit building offers a strong rental income stream in a highly desirable location. Appraised at $1,620,000 in 2019. Building Highlights: Solid Construction: Constructed with durable materials, ensuring long-term stability and minimal maintenance. Excellent Location: Situated on Telegraph Avenue, a vibrant corridor with high foot traffic and easy access to public transportation, shops, restaurants, and entertainment. Strong Rental Demand: High demand for rental units in this sought-after Oakland neighborhood. Potential for Value-Add: Explore opportunities to increase rental income through renovations or unit upgrades. Investment Potential: Stable Cash Flow: Generate consistent rental income with strong potential for appreciation. High Occupancy Rates: Benefit from high demand and maintain consistent occupancy. Limited Competition: Secure a valuable asset in a competitive market. Don't miss this chance to acquire a profitable multi-family property in a prime Oakland location. Contact us today to schedule a viewing.

FOR SALE DETAILS

PRICE

$1,820,000 USD

PRICE/SF

$338 USD /SF

# OF UNITS

6

PRICE/UNIT

$303,333

CAP RATE

Request Cap Rate

% 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

1906

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

C-40, Oakland

APN/PARCEL ID

009-0716-002-00

ASK ABOUT THIS PROPERTY

Joseph LeeMetro Financial ServicesMore Info
916-369-1500

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Joseph LeeMetro Financial ServicesMore Info
916-369-1500

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