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2426 57th Ave 4 Unit Apartment Building $1,204,008 CAD ($301,002 CAD/Unit) 7.05% Cap Rate Oakland, CA 94605
Investment Highlights
- Fourplex with strong unit mix - (1) 3BR/1.5 BA Unit and (3) 2BR/1BA units
- 3,804 SqFt Two-Story Fourplex built in 1966
- Four garages
Executive Summary
PLEASE CONTACT THE LISTING AGENT AT CONNOR@CAPSTONE-PROPS.COM TO RECEIVE A FULL MARKETING PACKAGE AND TO SCHEDULE A TOUR
Property Facts
| Price | $1,204,008 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $301,002 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 7.05% | Building Size | 3,804 SF |
| Gross Rent Multiplier | 9.41 | Average Occupancy | 75% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1966 |
| Property Subtype | Apartment | Parking Ratio | 2.1/1,000 SF |
| Zoning | C30, Oakland | ||
| Price | $1,204,008 CAD |
| Price Per Unit | $301,002 CAD |
| Sale Type | Investment |
| Cap Rate | 7.05% |
| Gross Rent Multiplier | 9.41 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 3,804 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1966 |
| Parking Ratio | 2.1/1,000 SF |
| Zoning | C30, Oakland |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | - | - |
| 3+1.5 | 1 | - | - |
1 1
Moderately walkable
60/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 038-3181-008-00 | Improvements Assessment | $348,889 CAD |
| Land Assessment | $149,523 CAD | Total Assessment | $498,411 CAD |
Property Taxes
Parcel Number
038-3181-008-00
Land Assessment
$149,523 CAD
Improvements Assessment
$348,889 CAD
Total Assessment
$498,411 CAD
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2426 57th Ave
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