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32275047
32275046

4114 East 17th Street, Oakland, CA 94601

EB
CA CA 02060059
Marcus & Millichap - Palo Alto
MH
CA 01522148
Marcus & Millichap - San Francisco
Listed by Marcus & Millichap - Palo Alto, Marcus & Millichap - San Francisco
$675,000
34 days on market
Updated 10 days ago
Opportunity zone

4114 East 17th Street

Details
APN 33-2149-12
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,726
Units 3
Beds 6
Cap Rate 4.29%
NOI $32,208
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 6.14%
Pro-Forma NOI $46,060
Price per SqFt $435
Year Built 1915
Acreage 0.050
Zoning RM
Investment Type Value Add

Multifamily | 4.29% CAP | 3 Units

Marketing description

Marcus & Millichap is pleased to present 4114 E 17th St, a well located 3 unit multifamily property in Oaklands highly walkable Fruitvale neighborhood. Built in 1915, the property totals approximately 1,726 SF on a 0.05acre lot and is 100% occupied, providing immediate inplace income. The unit mix includes one 1BD/1BA, one 2BD/1BA, and one 3BD/1BA unit. Utilities are individually metered for gas and electric, with master metered water. Street parking available. In place rents are approximately below market, offering long term upside potential. Excellent location near International Blvd, Fruitvale Public Market, Fruitvale BART, neighborhood retail, and convenient access to I580 and I880. A fantastic multifamily opportunity in a strong East Oakland rental corridor.

Listing Contacts

EB
CA CA 02060059
Marcus & Millichap - Palo Alto
MH
CA 01522148
Marcus & Millichap - San Francisco
Listed by Marcus & Millichap - Palo Alto, Marcus & Millichap - San Francisco

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$32,208.37
$2,684.03/mo

Valuation Metrics

0
DSCR
4.77%
Cap Rate
4.77%
ROI

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Additional Information

Name
Eymon Binesh
License
CA 02060059
Brokerage
Marcus & Millichap
Title
Senior Vice President Investments
Brokerage Address
2626 Hanover Street
Name
Malik Harris
License
01522148
Brokerage
Marcus & Millichap
Brokerage Phone
415-963-3000
Title
Investment Broker
Brokerage Address
750 Battery Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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