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    1936 94th Avenue

    Oakland, CA 94603
    • $699,000
    • STATUS: Active
    • ON SITE: 13 Days
    • MLS #: 421598851
    UPDATED: 34 min ago
    $699,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,410
      SQFT
    • $290
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1908
    County:

    School Ratings & Info

    Description

    Cox-Area 3-Unit Investment Opportunity: 1936 94th Ave, which measures 2,410 Sq Ft per the Tax Records, is a well-maintained 1908 Victoria Triplex that appears to have had a full foundation replacement & full exterior siding upgrade in 2011. The attractive building features two 1BD/1BA units and one 2BD/1BA unit, all located in an up-and-coming area bounded by Bancroft Ave, International Blvd & 98th Ave. The building is situated on a park-like 7,000 Sq ft lot w/a large rear yard accessible by all tenants & ready for possible expansion or further parking options beyond the 2-car driveway. Held in one family for many years, the building is currently generating scheduled income in the $58,800 per year range (and a possible 5.5% Cap Rate assuming a 35% expense ratio). This is an attractive opportunity for investors looking for a building w/a solid unit configuration & occupancy. Broker's Note: This is an as-is Trust Sale. Buyers to verify all financial data, room count & permit history.

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    © 2021 San Francisco Association of REALTORS® Multiple Listing Service. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams San Francisco. Data last updated 2021-10-17T21:20:59.99.
    www.sfhothomes.com/homes/122048207
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    1936 94th Avenue Oakland, CA 94603

    • Price: $699,000
    • Status: Active
    • Updated: 34 min ago
    • MLS #: 421598851
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,410
    SQFT
    $290
    $/SQFT
    1908
    Built
    Neighborhood:
    Oakland Zip 94603
    County:
    Alameda
    Area:
    Oakland Zip 94603
    Property Description
    Cox-Area 3-Unit Investment Opportunity: 1936 94th Ave, which measures 2,410 Sq Ft per the Tax Records, is a well-maintained 1908 Victoria Triplex that appears to have had a full foundation replacement & full exterior siding upgrade in 2011. The attractive building features two 1BD/1BA units and one 2BD/1BA unit, all located in an up-and-coming area bounded by Bancroft Ave, International Blvd & 98th Ave. The building is situated on a park-like 7,000 Sq ft lot w/a large rear yard accessible by all tenants & ready for possible expansion or further parking options beyond the 2-car driveway. Held in one family for many years, the building is currently generating scheduled income in the $58,800 per year range (and a possible 5.5% Cap Rate assuming a 35% expense ratio). This is an attractive opportunity for investors looking for a building w/a solid unit configuration & occupancy. Broker's Note: This is an as-is Trust Sale. Buyers to verify all financial data, room count & permit history.
    Exterior Features

    Architectural Style Victorian Independent Parking Spaces 0 Lot Features Other Parking Features None Parking Total 1 Roof Composition Tandem Parking Spaces 0

    Interior Features

    Rooms Total 11 Unit1 Approx Sq Ft 563 Unit1 Bedrooms 1 Unit1 Full Baths 0 Unit1 Partial Baths 1 Unit1of Rooms 0 Unit2 Approx Sq Ft 623 Unit2 Bedrooms 1 Unit2 Full Baths 1 Unit2 Partial Baths 0 Unit2of Rooms 0 Unit3 Approx Sq Ft 0 Unit3 Bedrooms 2 Unit3 Full Baths 1 Unit3 Partial Baths 0 Unit3of Rooms 0 Unit4 Approx Sq Ft 0 Unit4 Bedrooms 0 Unit4 Full Baths 0 Unit4 Partial Baths 0 Unit4of Rooms 0

    Property Features

    Cap Rate 5.5 Listing Terms CashConventional Number Of Units Vacant 0 Property Sub Type Triplex Separate Meters ElectricityGas Special Listing Conditions Successor Trustee Sale Subtype Description Apartments Unit Type Commercial Units Total 0 Unit Type Studio Units Total 0 Unit Type1 Bedroom Units Total 2 Unit Type2 Bedroom Units Total 1 Unit Type3 Bedroom Units Total 0 Unit Type4 Bedroom Units Total 0 Unit1 Rent 1250 Unit2 Rent 1250 Unit2 Rent1 2400 Unit4 Rent 0

    Listing provided courtesy of Andrew De Vries of Berkshire Hathaway-Franciscan.


    © 2021 San Francisco Association of REALTORS® Multiple Listing Service. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams San Francisco. Data last updated 2021-10-17T21:20:59.99.
     
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