Listed by Western Management Properties, Inc.
$1,395,000
701-43rd Street
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,423
Cap Rate 6.72%
NOI $93,789
Occupancy 16.7%
Tenancy Vacant
Rent Bumps No
Pro-Forma Cap Rate 6.72%
Pro-Forma NOI $93,879
Price per SqFt $257
Year Built 1918
Buildings 1
Lot Size (SqFt) 5,000
Investment Type Value Add
North Oakland 6 Unit Building
Marketing description
Great opportunity on this North Oakland 6-plex. Five (5) of the Six (6) units are currently vacant. Units consist of 2-1 bedroom/1 bath units, 2-1 bedroom/1 bath units with a dining room (possible to convert to 2 bedrooms) and 2-2 bedroom/1 bath units. The building has loads of charm with hardwood flooring, built-in china cabinets and nice mouldings throughout. All income and expenses are estimated due to the current vacancy factor. This is a Trust Sale.
Investment highlights
Five (5) of the Six (6) units are currently vacant giving a new owner the opportunity to set their rents. Estimated gross annual rents of approx. $138,000 with a potential cap rate of 6.7. Priced at $257/square foot. Owners will consider seller financing.
Listing Contacts
Listed by Western Management Properties, Inc.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$93,789.00
$7,815.75/mo
Valuation Metrics
0
DSCR
6.72%
Cap Rate
6.72%
ROI
Map
Zoning
RM-2 MixedMixed UseMixed Housing Residential 2
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View all 78 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
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