Log In/Sign Up
Your email has been sent.
1523-1527 8th Ave 20 Unit Apartment Building $4,442,913 CAD ($222,146 CAD/Unit) 7.62% Cap Rate Oakland, CA 94606
Investment Highlights
- Mostly 2- bedrooms
- Pitched roofs
Executive Summary
Located in the heart of Oakland, 1523–1537 8th Avenue is a 20-unit multifamily property built in 1961, featuring a mix of one- and two-bedroom units.
This lender-owned REO asset is situated in an amenity-rich neighborhood characterized by strong rental demand and long-term growth potential.
This lender-owned REO asset is situated in an amenity-rich neighborhood characterized by strong rental demand and long-term growth potential.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $4,442,913 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $222,146 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.34 AC |
| Cap Rate | 7.62% | Building Size | 15,667 SF |
| Sale Condition | REO Sale | Average Occupancy | 85% |
| Gross Rent Multiplier | 7.6 | No. Stories | 2 |
| No. Units | 20 | Year Built | 1961 |
| Property Type | Multifamily | Parking Ratio | 0.64/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | RM-3 - Mixed Housing Type Residential | ||
| Price | $4,442,913 CAD |
| Price Per Unit | $222,146 CAD |
| Sale Type | Investment |
| Cap Rate | 7.62% |
| Sale Condition | REO Sale |
| Gross Rent Multiplier | 7.6 |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 15,667 SF |
| Average Occupancy | 85% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 0.64/1,000 SF |
| Zoning | RM-3 - Mixed Housing Type Residential |
Amenities
Unit Amenities
- Stainless Steel Appliances
- Double Pane Windows
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $2,324 CAD | 450 |
| 2+1 | 18 | $2,666 CAD | 675 |
1 1
Walk Score®
Walker's Paradise (93)
Bike Score®
Biker's Paradise (90)
Property Taxes
| Parcel Numbers | Improvements Assessment | $5,758,307 CAD | |
| Land Assessment | $2,664,513 CAD | Total Assessment | $8,436,633 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$2,664,513 CAD
Improvements Assessment
$5,758,307 CAD
Total Assessment
$8,436,633 CAD
1 of 15
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
1523-1527 8th Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.