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JUST LISTED | $125K PER UNIT | 6.79% CAP 1832 Fruitvale Ave 8 Unit Apartment Building $1,377,309 CAD ($172,164 CAD/Unit) 6.79% Cap Rate Oakland, CA 94601



INVESTMENT HIGHLIGHTS
- 7 Studio Units | 1 Detached House with Side Yard Patio
- Stable Property with Long-Term Tenants
- On-site Tenant Parking | Tenant Common Area
- Motivated Seller
- Exceptional Fruitvale Location | Upside Potential in Rents
- Great Fruitvale Location | 7 Studio Units
EXECUTIVE SUMMARY
Qualified investors are extended the opportunity to acquire 1832 Fruitvale Avenue located in Oakland's Fruitvale neighborhood. This well-maintained apartment community was built in 1910 and consists of two buildings on one lot. The property boasts one 2 bedroom / 1 bath single-family home and 7 studio units. 1832 Fruitvale Avenue allows both local and regional investors the opportunity to acquire an investment in a popular market with strong growth potential of both income stream and investment value.
Please DO NOT Disturb Tenants.
Disclosure: https://app.disclosures.io/link/1832-Fruitvale-Avenue-giwv6zgs
OFFERS DUE: Offers will be reviewed upon receipt.
Submit Offers Here: https://app.disclosures.io/link/1832-Fruitvale-Avenue-giwv6zgs
Please DO NOT Disturb Tenants.
Disclosure: https://app.disclosures.io/link/1832-Fruitvale-Avenue-giwv6zgs
OFFERS DUE: Offers will be reviewed upon receipt.
Submit Offers Here: https://app.disclosures.io/link/1832-Fruitvale-Avenue-giwv6zgs
PROPERTY FACTS
| Price | $1,377,309 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $172,164 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 6.79% | Building Size | 15,000 SF |
| Gross Rent Multiplier | 8.06 | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1910 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Price | $1,377,309 CAD |
| Price Per Unit | $172,164 CAD |
| Sale Type | Investment |
| Cap Rate | 6.79% |
| Gross Rent Multiplier | 8.06 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 15,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1910 |
| Opportunity Zone |
Yes |
AMENITIES
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Smoke Free
- Vintage Building
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 7 | - | 400 |
| 2+1 | 1 | - | 600 |
Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (70)
Bike Score®
Very Bikeable (79)
PROPERTY TAXES
| Parcel Number | 033-2117-028-00 | Improvements Assessment | $709,917 CAD |
| Land Assessment | $232,760 CAD | Total Assessment | $942,676 CAD |
PROPERTY TAXES
Parcel Number
033-2117-028-00
Land Assessment
$232,760 CAD
Improvements Assessment
$709,917 CAD
Total Assessment
$942,676 CAD
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JUST LISTED | $125K PER UNIT | 6.79% CAP | 1832 Fruitvale Ave
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