Oakland, CA 94621-3237,1165 71st Ave
Oakland, CA 94621-3237,1165 71st Ave
Oakland, CA 94621-3237,1165 71st Ave
Oakland, CA 94621-3237,1165 71st Ave
Oakland, CA 94621-3237,1165 71st Ave
Oakland, CA 94621-3237,1165 71st Ave
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$930,000

$939,000

1.0%
Est.Price: ?

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Est. payment /mo

5,000 Sqft Lot


SOLD DATE : 05/17/2022

Key Details

Sold Price $930,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 40977579

Sold Date 05/17/22

HOA Y/N No

Year Built 1965

Lot Size 5,000 Sqft

Property Sub-Type Quadruplex

Property Description

PROPERTY HIGHLIGHTS • UNDER MARKET PRICING: Listed at a 6.50% CAP, under Redfin's market price projection of $994,367 – great value • Very Strong unit mix featuring (4) spacious 3BR/1BA units • Strong rent roll with an in-place 6.50% CAP Rate / 10.69 GRM • Huge upside with a market 12.72% CAP Rate / 6.41 GRM • Off-street 1:1 gated parking • Great opportunity for a buyer to remodel units and pick their own tenants creating a great cash flowing asset Location Overview • Walk Score 82 (Very Walkable) • Strong Coliseum location – short walk to local retailers on International Blvd • 0.5 mile walk to Coliseum BART • Short walk to many local retailers including diners, restaurants, convenience stores, a gym and much more • Quick commute to neighboring Bay Area cities including Downtown Oakland, Berkeley, San Francisco, and other major employment hubs

Location

State CA

County Alameda

Interior

Heating None

Fireplace No

Exterior

Utilities Available Sewer Not Available

Total Parking Spaces 4

Building

Sewer None

Others

Tax ID 41413325

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California Regional MLS (CRMLS)
Listed by Robert Dau • Transwestern Property Co.
Bought with Lili Falsken • BCRE
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3750 Schaufele Ave Suite 270, Beach, California, 90808, United States

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