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33343701
33343702

3206 Park Blvd, Oakland, CA 08260

GG
CA 01941289
Compass
Listed by Compass
$1,295,000
1 day on market
Updated 1 day ago

3206 Park Blvd

Details
APN 023-0395-039-01
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,022
Units 5
Cap Rate 7.24%
NOI $93,773
Occupancy 60%
Tenancy Multi
Pro-Forma Cap Rate 8.95%
Pro-Forma NOI $115,925
Year Built 1960
Lot Size (SqFt) 4,360
Parking Spaces 8 spaces
Parking Per SqFt 1.99
Investment Type Value Add

Multifamily | 7.24% CAP | 5 Units

Marketing description

Nestled in the heart of Oakland, the Park Blvd area offers a unique blend of urban convenience and natural beauty. This prime location is just steps away from the iconic Lake Merritt, a beloved destination for outdoor enthusiasts, joggers, and picnickers. The lake's scenic walking paths, boating activities, and lush gardens make it a true gem of the East Bay.

For commuters, the property is minutes from Fruitvale BART, providing seamless access to the entire Bay Area. The nearby 580 Freeway ensures quick connections to Downtown Oakland, Berkeley, and San Francisco.

The neighborhood is rich in culture and amenities, with a diverse array of dining, shopping, and entertainment options. From the bustling Grand Lake District to the vibrant Fruitvale neighborhood, you'll find everything from trendy cafes and artisanal markets to authentic international cuisine.

Families and professionals alike will appreciate the proximity to top-rated schools, parks, and community centers. The area is also known for its charming tree-lined streets, historic architecture, and a welcoming community vibe.

Listing Contacts

GG
CA 01941289
Compass
Listed by Compass

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$93,772.59
$7,814.38/mo

Valuation Metrics

0
DSCR
7.24%
Cap Rate
7.24%
ROI

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