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3104 14th Ave, Oakland, CA 94602
Priced at Only: $6,650,000
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Address: 3104 14th Ave, Oakland, CA 94602
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  • MLS#: 41127121 ( )
  • Street Address: 3104 14th Ave
  • Viewed: 8
  • Price: $6,650,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1949
  • Bldg sqft: 0
  • Days On Market: 27
  • Additional Information
  • County: ALAMEDA
  • City: Oakland
  • Zipcode: 94602
  • Subdivision: Tuxedo
  • Provided by: Infinity Investments
  • Contact: Steven Steven
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    This very nostalgic 2 story property is located at 3104 3112 & 3130 14th Ave in Oakland California. It has 32,382 rentable square feet, with 29 large apartments. The property was built in 1949, with a concrete perimeter foundation, exterior walls are wood, and the roof is composition shingle. There is laundry on site. 80% of the units have been renovated. All units have separate gas, electric meters and individual hot water heaters minimizing the owners expenses. There is 20% upside in the current rents. With 20% upside in rents, this building allows the next owner to increase returns and leverage investment in the hot Oakland market. There are two separate parcels, one is an 8 unit and the other is a 21 unit. The apartment unit mix is 2 Studios, 23 one bedroom units and 4 two bedroom units and there are 7 garages attached for parking and 8 covered parking spaces. The quality of the building is maintained with pride. The units are separately metered for gas, electricity and hot water. The units have pleasant views from the entry and living room of upstairs units. The laundry is coin operated for additional income. The building is located across the street from the Highland Hospital complex and about 2 blocks from the west bound ramp to 580. There is a Quik Stop gas & convenience
Features
Association Fee
  1. 0.00
Construction Materials
  1. Wood Siding
  2. Brick Veneer
Days On Market
  1. 18
Heating
  1. Electric
Parcel Number
  1. 2237116
Roof
  1. Shingle
Sourcesystemkey
  1. 41127121:BMLS
Subdivision Name Other
  1. TUXEDO
Year Built
  1. 1949
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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