apartment is sold

528 31st St., Oakland, 94609.

50% Interest in a 16 Unit Complex - SOLD

The acquisition consists of 50% interest in a 16 unit apartment building. This property is an early 1960’s construction that is centrally located in the diverse North Oakland/Downtown Corridor of Oakland right off of Telegraph Avenue.

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The acquisition consists of 50% interest in a 16 unit apartment building. This property is an early 1960’s construction that is centrally located in the diverse North Oakland/Downtown Corridor of Oakland right off of Telegraph Avenue. The property consists of 16 One Bedroom – One Bathroom units, with a common area laundry facility. The property is located blocks from the MacArthur Bart Station & close to the Summit Medical Center, affectionately called “Pill Hill”. The property is also within close proximity to all the major freeways in Oakland, Downtown Oakland, Emeryville, and San Francisco.

PROPERTY INFORMATION
APN: 
009-0715-010-00
Square Footage: 
7,391
Lot Size: 
6900.00
Year Built: 
1962

FINANCIAL SUMMARY
Price: 
$650,000
Down Payment: 
Loan Payment: 
$575,000
Cash on Cash Estimate: 
N/A
Pro-Forma Cash Flow Est: 
N/A
Price Per Unit: 
N/A

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