MLS® ID: 40845547

1947 E 22Nd St

Oakland, California, 94606

$1,100,000 Active
  • - SQFT
This property is a dynamic cash flow machine, as it generates a true 5% Capitalization Rate on the existing financials and is located in the very desirable Highland Heights Neighborhood less than 5 minutes away from Highland Hospital making for an extremely strong rental demand. The unit mix is outstanding, comprised of 5 very large 2bd/1ba apartments with on-site parking for each unit and the property also has onsite laundry.  Two of the units are rented close to market and the other Three are under market, which means there is also  upside value in the rents.
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Listing courtesy of INFINITY INVESTMENTS

Amenities

  • Full baths
    0
  • Half baths
    0
  • Three-quarter Baths
    0
  • Total Baths
    0
  • Zip
    94606
  • Office name
    INFINITY INVESTMENTS
  • SQFT
    0
  • Bedrooms
    0
  • Property type
    Apartment
  • Year built
    1964
  • Lot size
    7000.00
  • Heating
    Wall Furnace
  • Tax year
    0
  • Agent name
    STEVEN PETERSON
  • Tax amount
    $ 17316.0
  • Purchase Type
    Active
  • Price Range
    $1m-$1.25m
  • Square Feet Range
    < 1000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    BMLS-OFIISP
  • Agent ID
    BMLS-R01746140

Location

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