6024 Chabot Rd - Apartments FOR SALE


Oakland, CA 94618- Rockridge
$2,350,000 USD
510-288-4938
6024 Chabot Rd, Oakland, CA for Sale
$2,350,000 USD
Apartments - FOR SALE
1/56
null | Request Cap Rate

6024 Chabot Rd
Oakland, CA 94618
Rockridge


OVERVIEW

Discover an exceptional investment opportunity in the heart of Rockridge with this charming 6-unit residential building. Ideally located just moments from vibrant College Avenue, this property enjoys unparalleled access to Highway 24, Berkeley and Rockridge BART stations, as well as a dynamic mix of shops, restaurants, and cafes. Built in 1919, the 6,085-square-foot building features a thoughtfully designed mix of units: four cozy 1-bedroom, 1-bath apartments and two generous 3-bedroom, 1-bath residences. Each unit offers its own distinct appeal, complemented by a secure entry system for added peace of mind and an on-site laundry facility for convenience. The property also includes a parking lot with 10 dedicated spaces and separate metering for gas and electric (plus one electric house meter), ensuring comfort and autonomy for all residents. The two 3-bedroom units are especially noteworthy, boasting private balconies or patios that bathe the spaces in natural light, perfect for both relaxation and entertaining. This property presents an excellent opportunity for investors seeking a steady income stream in a prime location, surrounded by shops and restaurants, a lively neighborhood atmosphere, and top-notch amenities. Don't miss your chance to own a piece of Rockridge's vibrant neighborhood.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$259 USD /SF

# OF UNITS

6

PRICE/UNIT

$391,667

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

1919

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,320 SF

ZONING

C-31, Oakland

APN/PARCEL ID

014-1266-062-00

ASK ABOUT THIS PROPERTY

Scott NarasakiCoast + Co Real EstateMore Info
510-288-4938

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Scott NarasakiCoast + Co Real EstateMore Info
510-288-4938

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