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Just Listed | 7.55% CAP Rate | 10 Units 2858-2860 Brookdale Ave 10 Unit Apartment Building $2,807,200 CAD ($280,720 CAD/Unit) 7.55% Cap Rate Oakland, CA 94602
Investment Highlights
- (10) 2 Bedroom / 1 Bath Units
- Built in 1961
- Individually Metered for Gas and Electricity
- 8,162 SF Building
- Situated on a Deep Lot with a Shared Backyard
Executive Summary
2858 – 2860 Brookdale Avenue is a well-maintained property featuring ten spacious two-bedroom, one-bathroom units on a deep lot with shared backyard. Each unit is separately metered for gas and electricity, making utility management simple. With strong rental potential, the property offers flexibility for both investors and owner-occupants. Its convenient location near transit, parks, local shops, and major roadways makes it a solid and practical investment in a well-connected Oakland neighborhood.
Please DO NOT Disturb Tenants.
Disclosure: https://app.disclosures.io/link/2858-2860-Brookdale-Avenue-dhsucu2d
Virtual Tour:
• Unit 2860-D: https://my.matterport.com/show/?m=Hkqv7PoJ7ib
OFFERS DUE: Offers will be reviewed upon receipt.
Submit Offers Here: https://app.disclosures.io/link/2858-2860-Brookdale-Avenue-dhsucu2d
Please DO NOT Disturb Tenants.
Disclosure: https://app.disclosures.io/link/2858-2860-Brookdale-Avenue-dhsucu2d
Virtual Tour:
• Unit 2860-D: https://my.matterport.com/show/?m=Hkqv7PoJ7ib
OFFERS DUE: Offers will be reviewed upon receipt.
Submit Offers Here: https://app.disclosures.io/link/2858-2860-Brookdale-Avenue-dhsucu2d
Property Facts
| Price | $2,807,200 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $280,720 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.37 AC |
| Cap Rate | 7.55% | Building Size | 8,162 SF |
| Gross Rent Multiplier | 8.33 | Average Occupancy | 90% |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1961 |
| Property Subtype | Apartment |
| Price | $2,807,200 CAD |
| Price Per Unit | $280,720 CAD |
| Sale Type | Investment |
| Cap Rate | 7.55% |
| Gross Rent Multiplier | 8.33 |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 8,162 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built | 1961 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 10 | - | - |
1 1
Moderately walkable
60/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 027-0854-017-03 | Improvements Assessment | $2,210,701 CAD |
| Land Assessment | $623,746 CAD | Total Assessment | $2,834,447 CAD |
Property Taxes
Parcel Number
027-0854-017-03
Land Assessment
$623,746 CAD
Improvements Assessment
$2,210,701 CAD
Total Assessment
$2,834,447 CAD
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Just Listed | 7.55% CAP Rate | 10 Units | 2858-2860 Brookdale Ave
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