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2550 35th Ave 18 Unité Immeuble d’appartements 3 653 475 $ CAD (202 971 $ CAD/Unité) 5,29% Taux de capitalisation Oakland, CA 94601
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Résumé de l'annonce
Bay's Elite Investments is pleased to present to the seasoned investors a unique investment property in a solid Oakland location in the Bartlett/Allendale
neighborhood. This 18 unit apartment complex features Six 2 bed/1bath and Twelve 1bed/1bath units with and four 1bd/1bth units with market rate tenants, with an excellent long-term upside.
The property was originally built in 1954, offers approximately 11,960 square feet of rental space, and sits on a 1/2 acre lot with 18 parking space, majority of them being carports (1 to 1 ratio). Some units have been remodeled over time and offer newer kitchens and bathrooms, vinyl floors, and so on.
The building is located about 3 minutes from 580 freeway with a quick and easy commute to Oakland Lake Merritt or a 30 minute drive to downtown San Francisco. Fruitvale BART is literary a 5 minute drive or bike ride south on 35th Ave or 10 minutes on bus.
The current owners have made substantial capital expenditures in the property in the past several years. The roof of both buildings have been replaced and recoated in 2024 and 2025 at a cost of approximately $40,000. The property has been earthquake retrofitted at a cost of about $110,000 in 2024. The building electrical panels and subpanels were fully upgraded in June of 2025 at a cost of $40,000. Finally, all the units have been extensively rehabbed upon turnover.
The property is wells maintained and easy to manage and is separately metered for PG&E providing for low annual operating expenses. The property is priced well below the replacement cost. It offers a new investor tremendous of 30-40% upside by raising rents through buy-out or other means.
neighborhood. This 18 unit apartment complex features Six 2 bed/1bath and Twelve 1bed/1bath units with and four 1bd/1bth units with market rate tenants, with an excellent long-term upside.
The property was originally built in 1954, offers approximately 11,960 square feet of rental space, and sits on a 1/2 acre lot with 18 parking space, majority of them being carports (1 to 1 ratio). Some units have been remodeled over time and offer newer kitchens and bathrooms, vinyl floors, and so on.
The building is located about 3 minutes from 580 freeway with a quick and easy commute to Oakland Lake Merritt or a 30 minute drive to downtown San Francisco. Fruitvale BART is literary a 5 minute drive or bike ride south on 35th Ave or 10 minutes on bus.
The current owners have made substantial capital expenditures in the property in the past several years. The roof of both buildings have been replaced and recoated in 2024 and 2025 at a cost of approximately $40,000. The property has been earthquake retrofitted at a cost of about $110,000 in 2024. The building electrical panels and subpanels were fully upgraded in June of 2025 at a cost of $40,000. Finally, all the units have been extensively rehabbed upon turnover.
The property is wells maintained and easy to manage and is separately metered for PG&E providing for low annual operating expenses. The property is priced well below the replacement cost. It offers a new investor tremendous of 30-40% upside by raising rents through buy-out or other means.
Faits sur la propriété
| Prix | 3 653 475 $ CAD | Style d’appartement | De faible hauteur |
| Prix par unité | 202 971 $ CAD | Classe d’immeuble | C |
| Type de vente | Investissement | Taille du lot | 0,50 AC |
| Taux de capitalisation | 5,29% | Taille du bâtiment | 24 576 pi² |
| Condition de vente | 1031 Échange | Nombre d’étages | 2 |
| Nombre d’unités | 18 | Année de construction | 1956 |
| Type de propriété | Immeuble residentiel | Ratio de stationnement | 1/1 000 pi² |
| Sous-type de propriété | Appartement | ||
| Zonage | R-70, Oakland | ||
| Prix | 3 653 475 $ CAD |
| Prix par unité | 202 971 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 5,29% |
| Condition de vente | 1031 Échange |
| Nombre d’unités | 18 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,50 AC |
| Taille du bâtiment | 24 576 pi² |
| Nombre d’étages | 2 |
| Année de construction | 1956 |
| Ratio de stationnement | 1/1 000 pi² |
| Zonage | R-70, Oakland |
Commodités
Commodités des unités
- Chauffage
- Cuisine
- Fourchette
Commodités du site
- Installations de lessive
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| Studios | 18 | - | - |
1 1
Moyennement praticable à pied
60/100
Exceptionnellement facile d’accès en voiture
100/100
Bons transports en commun
60/100
Plutôt praticable en vélo
50/100
Impôts fonciers
| Numéro de lot | 032-2101-035-00 | Évaluation des bâtiments | 2 330 439 $ CAD |
| Évaluation du terrain | 887 673 $ CAD | Évaluation totale | 3 218 112 $ CAD |
Impôts fonciers
Numéro de lot
032-2101-035-00
Évaluation du terrain
887 673 $ CAD
Évaluation des bâtiments
2 330 439 $ CAD
Évaluation totale
3 218 112 $ CAD
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2550 35th Ave
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