Share This Listing

Message

950 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

2324-2332 International Blvd 13 Unit Apartment Building $2,931,432 CAD ($225,495 CAD/Unit) Oakland, CA 94601

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Great upside potential
  • Walking distance to BART, and minutes from Downtown Oakland and major Freeways, and Oakland airport.
  • Property is surrounded by numerous commcerial and retail uses within walking distance

EXECUTIVE SUMMARY

Great opportunity to invest in the thriving Fruitvale market. Property is currently vacant, with tremendous upside as an mixed use property. There are two parcels with a mixture of 13 vacant units available for immediate tenancy with market rents. Most of the units are of 1920's vintage with nice amenities. Property is located within walking distance of the Fruitvale BART station and surrounding by numerous commercial and retail services. Again this property presents a unique opportunity to invest in a vacant/rehab project in the heart of one of Oaklands most vibrant neighborhoods. Property will be sold "as is".

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $309,894 $77.47
Other Income - -
Vacancy Loss $15,355 $3.84
Effective Gross Income $294,539 $73.63
Taxes $37,690 $9.42
Operating Expenses $44,669 $11.17
Total Expenses $82,359 $20.59
Net Operating Income $212,180 $53.04

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income (CAD)
Annual $309,894
Annual Per SF $77.47
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $15,355
Annual Per SF $3.84
Effective Gross Income (CAD)
Annual $294,539
Annual Per SF $73.63
Taxes (CAD)
Annual $37,690
Annual Per SF $9.42
Operating Expenses (CAD)
Annual $44,669
Annual Per SF $11.17
Total Expenses (CAD)
Annual $82,359
Annual Per SF $20.59
Net Operating Income (CAD)
Annual $212,180
Annual Per SF $53.04

PROPERTY FACTS

Price $2,931,432 CAD
Price Per Unit $225,495 CAD
Sale Type Investment
Sale Condition Deferred Maintenance
No. Units 13
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.16 AC
Building Size 7,000 SF
Average Occupancy 0%
No. Stories 2
Year Built 1925
Parking Ratio 0.29/1,000 SF
Opportunity Zone Yes

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 11 $3,001 CAD 666 - 750
1+1 2 $2,024 CAD 550 - 600
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
020-0153-011-00
Land Assessment
$409,388 CAD
Improvements Assessment
$652,997 CAD
Total Assessment
$1,062,384 CAD
Annual Taxes
$37,690 CAD ($5.38 CAD/SF)
Tax Year
2025
  • Listing ID: 37490594

  • Date on Market: 2025-08-30

  • Last Updated:

  • Address: 2324-2332 International Blvd, Oakland, CA 94601

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}