2133 34th Avenue

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$1,000,000

2133 34th Avenue

6 Beds 3 Baths 2,839 Sq.Ft.

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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 6.35% 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.

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Location

2133 34th Avenue, Oakland, CA 94601

Status

For Sale

Patrick Gonzales

TITLE

Realtor®

PHONE

(650) 255-3380

EMAIL

[email protected]

CONTACT AGENT

Property Amenities

Interior

Flooring Carpet, Vinyl

Total Bedrooms: 6

Full Bathrooms: 3

Area & Lot

Lot Area 4,500 Sq.Ft.

Living area 2,839 Sq.Ft.

MLS® ID 424042455

Year Built 1964

Type Multi-Family

Status For Sale

Exterior

Air conditioning None

Heat type Wall Furnace

Parking Covered, Tandem

Lot Features Sidewalk, None

Utilities City, Internet Available, Natural Gas Connected

Finance

Sales Price $1,000,000

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$1,000,000

2133 34th Avenue

Description

Share Property

Location

Status

Patrick Gonzales

Oakland

Property Amenities

Interior

Area & Lot

Exterior

Finance

Schedule a Showing

Schedule a Showing

Similar Listings

$5,000/mo

$1,300,000

$1,199,000

$3,750,000

$198,888

$699,000

Let's Talk

Leave a Message

Thank you for your message. We will be in touch with you shortly.

$1,000,000

2133 34th Avenue

Description

Share Property

Location

Status

Patrick Gonzales

Oakland

Property Amenities

Interior

Area & Lot

Exterior

Finance

Schedule a Showing

Schedule a Showing

Similar Listings

$5,000/mo

$1,300,000

$1,199,000

$3,750,000

$198,888

$699,000

Let's Talk

Get in Touch

Contact Details