2770 74th Ave | Oakland, CA 94605
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- LoopNet Team
2770 74th Ave
Oakland, CA 94605
Residential Property For Sale · 12 Units
Investment Highlights
- 15.55% Market Cap & 5.12 Market GRM
- Two Separate Parcels Set on a 12,046 SF Corner Lot with Huge Potential for Development
- Six Units Delivered Vacant - Four Studios and Two Adjacent Retail Spaces Perfectly Suited for Owner-User Businesses
- 12 Units Comprised of Seven Studio Apartments, One 1bd/1bth, and Four Retail Spaces Exempt from Local Rent Control
- Current Rents Roughly 50% Below Market Rate with Three Retail Units Exempt from Rent Control
- Qualified Opportunity Zone-Huge Tax Benefits
PROPERTY FACTS
| No. Units | 12 | Lot Size | 0.28 AC |
| Property Type | Residential | Building Size | 7,526 SF |
| Property Subtype | Apartment | Number of Floors | 2 |
| Apartment Style | Low Rise | Year Built/Renovated | 1928/2015 |
| Building Class | C |
| No. Units | 12 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 7,526 SF |
| Number of Floors | 2 |
| Year Built/Renovated | 1928/2015 |
PROPERTY TAXES
| Parcel Number | 040-3399-030-02 | Improvements Assessment | £416,940 |
| Land Assessment | £333,552 | Total Assessment | £750,493 |
PROPERTY TAXES
Parcel Number
040-3399-030-02
Land Assessment
£333,552
Improvements Assessment
£416,940
Total Assessment
£750,493
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