Christopher Danesi at RE/MAX Accord
East Bay Condo ManiaMLS: 41072939 $1,295,000
Bedrooms with Baths3675 39TH AVE
OAKLAND CA 94619MLS: 41072939
Status: ACTIVE
List Price: $1,295,000
Price per SQFT: $243
Square Footage: 5340Bedrooms
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 7.42% and current GRM of 8.88. 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
RE/MAX Accord
DRE #01777489
Phone: 925.998.7426
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Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: Standard LISTING CONTRACT DATE: 2024-09-12 LIVING AREA SQ FT: 5340 BUILDING AREA TOTAL: 5340 YEAR BUILT: 1979 CONSTRUCTION: Other COMMUNITY FEATURES: 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: $1,295,000 20% Down Payment: $259,000 Loan Amount: $1,036,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $6,548 Estimate does not include taxes, fees, insurance.
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Property Location: 3675 39TH AVE OAKLAND CA 94619
This Listing
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Condo Mania Agent
Chris Danesi
RE/MAX Accord
DRE #01777489
Phone: 925.998.7426
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Last Updated: 2024-11-21