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92% LTV Seller Financing at 4% IO for 7 Years 1290 26th Ave 24 Unité Immeuble d’appartements 5 071 314 $ CAD (211 305 $ 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
Value-Add Mixed Use investment in Fruitvale comprised of twenty-four total units. 1290 26th Ave was built in 1925 and features a unit mix of nineteen studios, two 1bd/1bth units and three retail spaces. The property has a Walk Score rating of 90, and is in close proximity to shopping, dining, and the Fruitvale BART station. Major upgrades have been done including new fire alarm system, electrical upgrades, boiler replaced, units remodeled, and more. Huge basement is open and available for adding ADUs. High cash flow with amazing seller financing terms available for qualified Buyers.
Bordering the neighborhoods of Fruitvale and East Lake, the 26th Avenue Apartments provide a walkable Oakland setting with plenty to see, eat, and experience in the Bay Area. The neighborhood is just three miles from Downtown Oakland and about 14 miles from San Francisco's civic center. Explore International Boulevard, a fitting name for a place that houses taco shops, Cajun food, Thai food, and artisan coffee. 26th Avenue Apartments have the added benefit of being close to Interstate 880 and a few Bay Area Rapid Transit lines.
Bordering the neighborhoods of Fruitvale and East Lake, the 26th Avenue Apartments provide a walkable Oakland setting with plenty to see, eat, and experience in the Bay Area. The neighborhood is just three miles from Downtown Oakland and about 14 miles from San Francisco's civic center. Explore International Boulevard, a fitting name for a place that houses taco shops, Cajun food, Thai food, and artisan coffee. 26th Avenue Apartments have the added benefit of being close to Interstate 880 and a few Bay Area Rapid Transit lines.
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 praticable à pied
50/100
Très facile d’accès en voiture
80/100
Transports en commun robustes
80/100
Moyennement praticable en vélo
60/100
Impôts fonciers
| Numéro de lot | 025-0744-001-00 | Évaluation des bâtiments | 3 681 272 $ CAD |
| Évaluation du terrain | 1 635 489 $ CAD | Évaluation totale | 5 332 645 $ CAD |
Impôts fonciers
Numéro de lot
025-0744-001-00
Évaluation du terrain
1 635 489 $ CAD
Évaluation des bâtiments
3 681 272 $ CAD
Évaluation totale
5 332 645 $ CAD
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92% LTV Seller Financing at 4% IO for 7 Years | 1290 26th Ave
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