Multi Family in Oakland, CA - Bedrooms: 6 - Bathrooms: 3 - Area: N/A - Year Built: 1961 - Lot: 5001 sqft
Listing Agent: Mark Chow Brokerage: Compass Sf
8% CAP. Three units, three long-term tenants, $6,343 in monthly rents and a 7.58% cap rate that's nearly impossible to find in today's Bay Area market. This well-maintained triplex in East Oakland's Arroyo Viejo neighborhood delivers $76,110 in gross annual income with a documented NOI of $52,684. The unit mix one 3BR/2BA and two 2BR/1BA features updated kitchens and baths, individual garage parking for each unit, and a gated entry. Minutes to Fruitvale and Coliseum BART, I-880, and I-580. Sewer lateral compliant and cash flowing from day one.
