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92% LTV Seller Financing at 4% IO for 7 Years 1290 26th Ave 24 Unité Immeuble d’appartements 5 249 339 $ CAD (218 722 $ CAD/Unité) 7,49% Taux de capitalisation Oakland, CA 94601



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Faits saillants de l'investissement
- 24 Units Comprised of Nineteen Studios, Two 1bd/1bth Units, and Three Retail Spaces Built in 1925
- Improvements Include Updated Electrical Panels, Boiler Replaced w/ Low Cost Heating, Multiple Renovated Units, and Upgraded Fire Alarm System
- Three Commercial Units may be Converted to Live/Work Apartments
- Excellent Value Add Mixed Use Property w/ Multiple Vacant Units to Renovate and All Major Upgrades Completed
- Full Size Basement for Parking Garage Conversion
- Incredible Seller Financing Terms Available to Qualified Buyers - 4% IO for 7 Years Fixed
Résumé de l'annonce
24-unit mixed-use investment featuring a unit mix of nineteen studios, two 1bd/1bth units, and three retail spaces. Excellent seller financing is available with only 3.0% down payment (97% LTV), 4.0% Interest Only, and a 7-year term. The property was originally built in 1925, offers 12,420 square feet of rental space, and offers a large basement perfect for building additional units. Many capital improvements have been completed including a new fire alarm system, electrical upgrades, boiler replaced, remodeled
units, and more. The units have been remodeled over time and offer newer kitchens, bathrooms, upgraded electrical and plumbing, new flooring, newer exterior and interior paint, and more. The exterior and interior are in great condition with very little deferred maintenance resulting in an attractive turn-key investment for the next owner. The property is near many restaurants, coffee shops, and many different shopping options. The property borders the neighborhoods of Fruitvale and East Lake and is only three miles from Downtown Oakland and about 14 miles to Downtown San Francisco.
****EMAIL DAVID@PINZAGROUP.COM FOR A COMPLETE MARKETING PACKAGE AND PRIVATE SHOWING.
units, and more. The units have been remodeled over time and offer newer kitchens, bathrooms, upgraded electrical and plumbing, new flooring, newer exterior and interior paint, and more. The exterior and interior are in great condition with very little deferred maintenance resulting in an attractive turn-key investment for the next owner. The property is near many restaurants, coffee shops, and many different shopping options. The property borders the neighborhoods of Fruitvale and East Lake and is only three miles from Downtown Oakland and about 14 miles to Downtown San Francisco.
****EMAIL DAVID@PINZAGROUP.COM FOR A COMPLETE MARKETING PACKAGE AND PRIVATE SHOWING.
Faits sur la propriété
Commodités
Commodités des unités
- Climatisation
- Cuisine
- Four
- Fourchette
- Bain/Douche
- Sous-sol
Commodités du site
- Accès 24 heures
- Installations de lessive
- Pistes cyclables/Piétonnières
- Espace d'entreposage
- Sans ascenseur
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| Studios | 22 | - | 450 |
| 1+1 | 2 | - | 550 |
1 1
Assez accessible à pied
50/100
Très bien adapté aux voitures
80/100
Transports en commun efficaces
80/100
Moyennement accessible en vélo
60/100
Impôts fonciers
| Numéro de lot | 025-0744-001-00 | Évaluation des bâtiments | 3 726 004 $ CAD |
| Évaluation du terrain | 1 655 362 $ CAD | Évaluation totale | 5 397 443 $ CAD |
Impôts fonciers
Numéro de lot
025-0744-001-00
Évaluation du terrain
1 655 362 $ CAD
Évaluation des bâtiments
3 726 004 $ CAD
Évaluation totale
5 397 443 $ CAD
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92% LTV Seller Financing at 4% IO for 7 Years | 1290 26th Ave
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