2133 34th, Oakland, CA
2133 34th, Oakland, CA, USA
0/5
0% of guests recommend
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852 m2
Location
California
Description
Strategically located in Fruitvale District between I-580 and I-880, 2133 34th Avenue is a rare opportunity to acquire a turnkey 3 unit apartment building in the emerging Oakland Market. The asset features (1) One Bedroom One Bathroom Unit, (1) Two Bedroom One Bathroom Units, and (1) 3 Bedroom One Bathroom Unit., Three covered parking spots, each with one additional tandem uncovered spot totaling 6 parking spots. Unit 2 was remodeled in 2023, and Unit 3 was remodeled in 2022. Potential to add coin operated laundry machines for additional income. Close proximity to mass transit. Offered at an attractive 6.38% CAP Rate/10.89 GRM and Pro Forma CAP Rate 6.75%/10.47 GRM, the complex will immediately provide investors with great cash flow on day one with potential for future upside. Schedule a Private Showing
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$1.05 M
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