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30000214
30000215

1220 62nd St, Oakland, CA 94608

EF
CA 1724665
Red Oak Realty
Listed by Red Oak Realty
$1,449,000
98 days on market
Updated 98 days ago

1220 62nd Street

Details
APN 16-1465-11-5
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,100
Units 6
Cap Rate 8.41%
NOI $121,833
Occupancy 83%
Price per SqFt $690
Broker Co-Op Yes
Year Built 1963
Buildings 1
Stories 2
Lot Size (SqFt) 3,484
Parking Spaces 6 spaces
Parking Per SqFt 2.86
Investment Type Sale/Leaseback

North Oakland 6 Unit Building in Walkers Paradise

Marketing description

Investment highlights

Low operating costs. Limited vacancies - unit B is vacant for the sale and can be accessed via supra. Projected rent is 1800 for the vacant unit. More information at www.Oakland6unit.com

Contact Eli Fletcher for disclosures and offering memorandum

Listing Contacts

EF
CA 1724665
Red Oak Realty
Listed by Red Oak Realty

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$121,833.00
$10,152.75/mo

Valuation Metrics

0
DSCR
8.41%
Cap Rate
8.41%
ROI

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Additional Information

Name
Eli Fletcher
License
1724665
Brokerage
Red Oak Realty
Brokerage Phone
510-882-1927
Brokerage Address
6450 Moraga Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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