2637 79th Avenue

Oakland, CA 94605 View Map $870,000 Schedule a Tour
Sq.Ft.4,492
Year1961

Rebecca White

(415) 412-1977

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Status: Active
Property Type:Quadruplex
MLS #:422704922
Sq. Feet:4,492
On Site:34 Days
Lot Size:6,200 Sq. Ft.
County:Alameda
Great investment opportunity for a huge 4 units property. The property offers great cashflow currently with room to improve as the rental rates are below market. The property consists of 4 units: Units 1-3 has 2 beds and 1 bath, each approx. 1050 sq ft and unit 4 has 3 bed and 1 bath with approx. 1300 sq ft. Each unit is tenant occupied. The units were most recently remodeled in 2011 as shown in the pics. All 4 units have garage parking space. The property is separately metered for PG&E which offers low annual operating costs. This is a great opportunity for investors to park cash in a high cashflow property in a high inflation era.

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Community Information

Address:2637 79th Avenue Oakland, CA 94605
County:Alameda
City:Oakland
Zip Code:94605
Neighborhood:2605

Architecture

Year Built:1961
Style:Contemporary
Construction Materials: Concrete, Stucco
Subtype Description: Apartments
Roof: Composition, Shingle
Foundation: ConcretePerimeter

Features / Amenities

Appliances: Dishwasher, Free Standing Electric Range, Free Standing Refrigerator, Gas Water Heater, Varies By Unit
Flooring: Laminate, Tile
Laundry: Coin Operated
Accessibility Features: 0
Parking Features: Garage, Off Street
Parking Total: 4.0
Heating: Central
Total Rooms:9

Property Features

Lot Size: 0.14 Acres / 6,200 Sq. Ft.
Lot Dimensions:0.1423
Lot Features: Shape Regular, Sidewalk
Utilities: City
Sewer: Public Sewer
Water: Public
Directions:Bancroft to 79th Ave.

Tax and Financial Info

Cap Rate: 6.31
Lease Terms: Varies By Unit
Terms: Conventional

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2637 79th Avenue Oakland, CA 94605
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2637 79th Avenue Oakland, CA 94605
 
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Listing Information Last Updated 11/30/2022
Listing provided courtesy of Compass.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Intero Real Estate are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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