314 105th Ave, Oakland, CA 94603

Prime 49-unit Apartment Complex in Oakland, CA! This well-maintained 49-unit apartment complex at 314-324 105th Ave, Oakland, CA 94603, is a prime investment opportunity with an impressive annual income of $520,000. The property consists of 21 one-bedroom, one-bath units (approximately 560 sq ft each) and 28 two-bedroom, two-bath units (approximately 799 sq ft each). With a 98% occupancy rate and a waiting list, this complex is a cash cow money-maker with substantial room for rental income growth as tenants vacate and rents are increased, offering a promising future for your investment. The owner is highly motivated to sell and offers an assumable loan of approximately $4,500,000 at a low interest rate, making this an even more attractive deal. This apartment complex promises a stable and lucrative income stream, with its mix of unit types catering to a diverse tenant base, enhancing its rental prospects. The property is priced to sell and represents an excellent opportunity to invest in the thriving Oakland rental market. Asking price $8,400,000

For more information or to schedule a viewing, contact agent Matt Sadati at 925-932-2450 or his co-worker Tamana at 510-415-6023. This exceptional investment opportunity will not be missed, so act now!