Log In/Sign Up
Your email has been sent.
429 Vernon St 8 Unit Apartment Building $1,702,700 CAD ($212,837 CAD/Unit) 4.37% Cap Rate Oakland, CA 94610
Investment Highlights
- TRANSIT-ORIENTED ADAMS POINT LOCATION; 1.3 MILES TO BART, 0.4 MILES I-580 & 1.4 MILES TO I-880
- OAKLAND BOUNCE BACK 8.8% EFFECTIVE RENT GROWTH SINCE Q3 2024
- RENTAL UPSIDE: $343 AVG. LTL AND THREE VACANT UNITS
- ATTRACTIVE UNIT MIX; 7(1X1) AND 1(0X1)
Executive Summary
Part of a 3 property, 26-unit portfolio.
Property Facts
| Price | $1,702,700 CAD | Property Subtype | Apartment |
| Price Per Unit | $212,837 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 4.37% | Lot Size | 0.14 AC |
| Sale Condition | Bulk/Portfolio Sale | Building Size | 5,008 SF |
| Gross Rent Multiplier | 9.68 | Average Occupancy | 62% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1905 |
| Price | $1,702,700 CAD |
| Price Per Unit | $212,837 CAD |
| Sale Type | Investment |
| Cap Rate | 4.37% |
| Sale Condition | Bulk/Portfolio Sale |
| Gross Rent Multiplier | 9.68 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 5,008 SF |
| Average Occupancy | 62% |
| No. Stories | 2 |
| Year Built | 1905 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 010-0791-005-00 | Improvements Assessment | $989,501 CAD |
| Land Assessment | $424,071 CAD | Total Assessment | $1,413,572 CAD |
Property Taxes
Parcel Number
010-0791-005-00
Land Assessment
$424,071 CAD
Improvements Assessment
$989,501 CAD
Total Assessment
$1,413,572 CAD
1 of 15
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
429 Vernon St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.