3585 66th Ave - Apartments FOR SALE


Oakland, CA 94605- Middle East Oakland
$1,700,000 USD
925-430-6197
3585 66th Ave, Oakland, CA for Sale
$1,700,000 USD
Apartments - FOR SALE
1/3
null | 7.6% Cap Rate

3585 66th Ave
Oakland, CA 94605
Middle East Oakland


HIGHLIGHTS

  • Welcome to an exceptional investment opportunity at 3585 66th Ave, a well maintained 8-unit building located near the Oakland Hills.
  • With a rare combination of strong cash flow and fantastic upside potential this property is a true gem in today’s market.
  • Offering a solid cap rate and occupied by vetted tenants, this asset delivers immediate stability and consistent rental income.
  • The property is thoughtfully designed with an open lot offering valuable off-street parking—a coveted feature that ensures tenant satisfaction
  • The property presents an inviting and well-kept exterior that sets the tone for the entire building.
  • Given the strong demand in the area and the potential for market rent growth, the property offers significant upside.

OVERVIEW

Broker of Record David Harrington License No. 02168060 (CA) (866) 889-0550 Matthews Real Estate Investment Services 2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$161 USD /SF

# OF UNITS

8

PRICE/UNIT

$212,500

CAP RATE

7.6%

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,585 SF

ZONING

R-50, Oakland

APN/PARCEL ID

037A-2752-001-05

ASK ABOUT THIS PROPERTY

Jacob HoggattMatthews Real Estate Investment ServicesMore Info
925-430-6197

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Jacob HoggattMatthews Real Estate Investment ServicesMore Info
925-430-6197

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