Contact Xavier Gomez
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3607 Maple Ave, Oakland, CA 94602
Priced at Only: $1,599,000
For more Information Call
Mobile: 714.478.6676
Address: 3607 Maple Ave, Oakland, CA 94602
Property Photos
Property Location and Similar Properties
- MLS#: 41069971 ( Quadruplex )
- Street Address: 3607 Maple Ave
- Viewed: 7
- Price: $1,599,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1927
- Bldg sqft: 0
- Days On Market: 132
- Additional Information
- County: ALAMEDA
- City: Oakland
- Zipcode: 94602
- Provided by: The Pinza Group, Inc
- Contact: David David
- DMCA Notice
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Description4 unit apartment complex with solid current cash flow and excellent rental upside. The current cap rate is 6.65% and the current GRM is 11.12. The property offers an ideal unit mix of one 4bd/2bth unit, one 3bd/2bth unit, one 3bd/1bth unit, and one 2bd/1bth unit. The two best units will be delivered vacant making for a perfect opportunity for an owner occupant or investor. The property was originally built in 1927, offers approximately 4,172 square feet of rental space, and sits on a 4,323 square foot lot with a large center courtyard. All units were completely renovated in 2014 and there is no deferred maintenance creating a turn key investment for the new owner. All the units offer a modern finish with new hardwood floors, custom molding, granite countertops, stainless steel appliances, upgraded lighting, double pane windows, and new electrical and plumbing systems. Maintenance is low and the property is separately metered for PG&E providing for low annual expenses. This is a perfect opportunity for any investor seeking strong cash flow in one of the most attractive locations in Oakland. This is an excellent Oakland location in the Dimond district East of HWY580 near countless restaurants, coffee shops, and shopping.
Features
Association Fee
- 0.00
Construction Materials
- Other
Cooling
- See Remarks
Days On Market
- 108
Heating
- See Remarks
Parcel Number
- 2997736
Parking Features
- Other
Property Type
- Quadruplex
Sewer
- Public Sewer
Sourcesystemkey
- 41069971:BMLS
Year Built
- 1927
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com