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Casa De Sol Apartments 2344 E 17th St

10 Unit Block of Flats £1,499,100 (£149,910/Unit) 5.31% Net Initial Yield Oakland, CA 94601

Investment Highlights

  • CHARMING WELL-MAINTAINED 10-UNIT APARTMENT BUILDING
  • ON-SITE PARKING.
  • CLOSE PROXIMITY TO 880 AND FRUITVALE BART Station .
  • OFFERS A MIX OF FIVE 1B/1B, FOUR 2B/1B AND ONE STUDIO.
  • SEPARATELY METERED FOR PG&E.

Executive Summary

The Casa Del Sol is a charming 10-unit apartment building, ideally nestled in a quiet and desirable neighborhood. This well-maintained property offers a variety of living spaces, including five two-bedroom, one-bath units, four one-bedroom, one studio, one Unit is fully renovated. Four units have been recently updated bathrooms and new flooring, ensuring a comfortable living experience. The property provides eight covered parking spaces for residents and an additional 2 uncovered parking spots. It is conveniently located near parks, schools, and shopping centers, making it a perfect choice for both convenience and community living. Don’t miss the opportunity to invest in this appealing multi-unit property.

Property Facts

Price £1,499,100
Price Per Unit £149,910
Sale Type Investment
Net Initial Yield 5.31%
Gross Rent Multiplier 11.46
No. Units 10
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.15 AC
Building Size 5,970 SF
Number of Floors 2
Year Built 1965
Parking Ratio 1.68/1,000 SF
Opportunity Zone Yes

Unit Amenities

  • Balcony
  • Dishwasher
  • Microwave
  • Granite Countertops
  • Refrigerator
  • Range

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
Studios 10 - -
Walk Score ®
Walker's Paradise (91)
Bike Score ®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
020-0205-009-00
Land Assessment
£616,879
Improvements Assessment
£835,166
Total Assessment
£1,452,045

zoning

Zoning Code C30, Oakland
C30, Oakland
  • Listing ID: 29932087

  • Date on Market: 31/10/2023

  • Last Updated:

  • Address: 2344 E 17th St, Oakland, CA 94601

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