Active

3675 39Th Ave

Oakland CA, 94619

$1,295,000


Active

Residential

Built in 1979

www.367539th.com; 6-unit apartment complex featuring six 2bd/1bth units with strong current income and excellent rental upside. Current cap rate of 7.42% and current GRM of 8.88. The property was originally built in 1979, offers approximately 5,340 square feet of rental space, and sits on an extra-large 9,725 square foot lot with 8 parking spaces and a nice backyard area. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turnkey investment for the next owner. The units have been remodeled and offer new kitchens, bathrooms, upgraded electrical and plumbing, new flooring, double pane windows, new exterior and interior paint, a newer roof, and more. The property has been historically managed by the owner and offers low annual operating expenses. One unit will be delivered vacant that's perfect for an investor seeking high market rents or a possible owner-occupant.

41072939

MLS ID

September 12, 2024

Listed

October 17, 2024

Updated

Map

3675 39Th Ave
Oakland CA, 94619

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

See Remarks


Heating

Yes


Heating Description

See Remarks

Exterior/Building Features

Lot Size

0.22 Acres

Other Property Details

Days on Market

20


Garage

No


Parking Total

10


View

No


County

Alameda


Pool

No

Listing History

Date

Event

Price

9/26/2024

Price change

$1,295,000

-11%

Listed by David Howarth with The Pinza Group, Inc
Listing Contact: 510-822-1331 

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