Christopher Danesi at RE/MAX Accord

MLS: 41072939     $1,450,000
Bedrooms with Baths

MLS: 41072939 Condo For Sale
3675 39TH AVE
OAKLAND CA 94619

MLS:  41072939
Status:  ACTIVE
List Price:  $1,450,000
Price per SQFT:  $272
Square Footage:  5340

Bedrooms
Baths
Year Built:  1979
Zip Code:  94619

 

Listing Remarks

www.367539th.com; 6-unit apartment complex featuring six 2bd/1bth units with strong current income and excellent rental upside. Current cap rate of 6.48% and current GRM of 9.95. The property was originally built in 1979, offers approximately 5,340 square feet of rental space, and sits on an extra-large 9,725 square foot lot with 8 parking spaces and a nice backyard area. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turnkey investment for the next owner. The units have been remodeled and offer new kitchens, bathrooms, upgraded electrical and plumbing, new flooring, double pane windows, new exterior and interior paint, a newer roof, and more. The property has been historically managed by the owner and offers low annual operating expenses. One unit will be delivered vacant that’s perfect for an investor seeking high market rents or a possible owner-occupant.

Address: 3675 39TH AVE OAKLAND CA 94619

Listing Courtesy of DAVID HOWARTH of THE PINZA GROUP, INC


Condo Mania Agent:
Chris Danesi

Featured Real Estate Agent Chris Danesi

RE/MAX Accord
DRE #01777489
Phone: 925.998.7426

Contact Chris Danesi

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Listing Photos


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Listing Details


STATUS:Active
SPECIAL LISTING CONDITIONS:Standard
LISTING CONTRACT DATE:2024-09-12
LIVING AREA SQ FT:5340
YEAR BUILT:1979
CONSTRUCTION:Other
FLOORING:Other
HEATING:Other
COOLING:Other
LOT FEATURES:Other
PARKING FEATURES:Other
PROPERTY TYPE:Commercial Sale
PROPERTY SUB TYPE:Garden Apts
ROOF:Other
LISTING AGENT:DAVID HOWARTH
LISTING OFFICE:THE PINZA GROUP, INC

Estimated Monthly Payments


List Price:$1,450,000
20% Down Payment:$290,000
Loan Amount:$1,160,000
Loan Type:30 Year Fixed
Interest Rate:6.5 %
Monthly Payment:$7,332

Estimate does not include taxes, fees, insurance.

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Property Location: 3675 39TH AVE OAKLAND CA 94619



Blue Marker: This Listing               Red Marker: Active Listings Nearby

Nearby Active Listings Within: 2 mi

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41069594 $658,888 1228 36TH AVE # 103 2 2 1454
41069680 $628,888 1228 36TH AVE # 105 2 3 1219

Condo Mania Agent:
Chris Danesi

Featured Real Estate Agent Chris Danesi

RE/MAX Accord
DRE #01777489
Phone: 925.998.7426

Contact Chris Danesi

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Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.

Last Updated: 2024-09-20