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4218 Piedmont Avenue, Oakland, CA 94611
Priced at Only: $3,398,000
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Address: 4218 Piedmont Avenue, Oakland, CA 94611
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  • MLS#: ML82041027 ( )
  • Street Address: 4218 Piedmont Avenue
  • Viewed: 2
  • Price: $3,398,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1926
  • Bldg sqft: 0
  • Days On Market: 11
  • Additional Information
  • County: ALAMEDA
  • City: Oakland
  • Zipcode: 94611
  • Provided by: Marcus & Millichap
  • Contact: Eymon Eymon
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Marcus & Millichap is pleased to present 42124218 Piedmont Avenue, a premier 10 unit mixed use asset located in one of Oakland's most desirable and walkable neighborhoods. The property features a balanced unit mix of 6 residential apartments and 4 well positioned ground floor commercial suites, providing a diverse and stable income stream. Offered at an attractive 7.33% CAP rate, the asset presents investors with strong in place cash flow and long term upside in a high barrier to entry location. Situated along the vibrant Piedmont Avenue corridor, the property benefits from exceptional foot traffic, immediate access to top tier dining, retail, and entertainment, and proximity to major transportation corridors including Highway 24, I 580, and BART. This is a rare opportunity to acquire a high yield, well located asset in one of Oaklands premier submarkets.
Features
Building Area Total
  1. 8798.00
Carport Spaces
  1. 0.00
Cooling
  1. None
Heating
  1. Wall Furnace
Insurance Expense
  1. 13000.00
Otherexpense
  1. 6483.00
Parcel Number
  1. 0120990020
Totalexpenses
  1. 111437.00
Trash Expense
  1. 6625.00
Water Source
  1. Public
Year Built
  1. 1926
Year Built Source
  1. Assessor
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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