2006 38th Avenue
2006 38th Avenue
$1,175,000
5
4
3,542
3,542
$332
Sold 3/24/22
Description
Strategically located between I-580 and I-880, 2006 38th Avenue is a rare opportunity to acquire a turnkey 4 unit apartment building in the emerging Oakland Market. The asset features (1) Two Bedroom One Bathroom Unit, (3) One Bedroom One Bathroom Units, Five Off-street parking spaces, on-site laundry facilities and is sewer lateral compliant. In addition, tenants pay their own water. Tenants enjoy the convivence of on-site laundry and being in close proximity to mass transit. Offered at an attractive...Strategically located between I-580 and I-880, 2006 38th Avenue is a rare opportunity to acquire a turnkey 4 unit apartment building in the emerging Oakland Market. The asset features (1) Two Bedroom One Bathroom Unit, (3) One Bedroom One Bathroom Units, Five Off-street parking spaces, on-site laundry facilities and is sewer lateral compliant. In addition, tenants pay their own water. Tenants enjoy the convivence of on-site laundry and being in close proximity to mass transit. Offered at an attractive 5.38% CAP Rate/13.41 GRM and Pro Forma CAP Rate 6.02%/12.35 GRM, the complex will immediately provide investors with great cash flow on day one with potential for future upside
Listing Agent
Property Details for 2006 38th Avenue
City
OAKLAND
Building TypeFOURPLEX
Property Sub TypeFOURPLEX
Garage Spaces0
Garage/ParkingOff-Street Parking
Park Spaces Total5
Total # Parking Spaces5
Location
LISTING UPDATED: 03/25/2022 03:00 AM
Property Details for 2006 38th Avenue
Status | Sold |
---|---|
MLS # | 40974309 |
Days on Compass | 96 |
Taxes | $19,365 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Fourplex |
Year Built | 1952 |
Lot Size | 0.12 AC / 5,415 SF |
County | Alameda County |
Location
Building Information for 2006 38th Avenue
Stories-Residences4Year Built1952Building Size-Lot Size0.12 AC / 5,415 SF
Payment Calculator
$8,026 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2006 38th Avenue
Property History for 2006 38th Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2006 38th Avenue
Taxable ValueLand$359,550Additions$838,950Total$1,198,500
Tax Record2023$20,229 ($1,686 / month)
Home Facts
Total Finished SqFt3,542 SqFtAbove Grade Finished SqFt3,542 SqFtStories2Lot Size5,415 SqFtStyleQuadraplexYear Built1952CountyALAMEDAAPN32-2092-32-1
Schools near 2006 38th Avenue
This home is within Oakland Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Global Family School PublicK to 5 | ||
Urban Promise Academy Public6 to 8 | ||
United For Success Academy Public6 to 8 | ||
Fremont High Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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