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3222 E 27th St
Oakland, CA 94601

Residential Property For Sale · 5 Units

PROPERTY FACTS

No. Units 5
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 1.70 AC
Building Size 5,405 SF
Average Occupancy 100%
Number of Floors 2
Year Built 1964
Parking Ratio 1.11/1,000 SF

Unit Amenities

  • Air Conditioning
  • Kitchen
  • Refrigerator

Site Amenities

  • Private Bathroom

About 3222 E 27th St , Oakland, CA 94601

Lee & Associates is pleased to offer an excellent Investor or Owner occupant opportunity in the Fruitvale Area. Located at the end of a quiet cul-de-sac, this 5-unit investment property consists of four (4) 2BR/1BA and one (1) two-story 3BR/1.5BA with a private yard. Built-in 1964, the asset has been well maintained by current ownership and seen recent capital improvements that include updated windows throughout and updated flooring, and appliances in some of the units. 3222 E 27th is located between Coolidge and Fruitvale Avenue and benefits from its proximity and easy access to the rapidly changing Fruitvale District and trendy Dimond District. Being located near Interstates 580 and 880, the property offers tenants a convenient commute to major employment centers as well as the Fruitvale BART Station. Current rents all well below market and a future owner will be able to take advantage of over 100% rental upside. Don’t miss this opportunity to acquire a well-maintained asset with untapped rental upside. CURRENT CAP 4.67% / MARKET CAP 9.24%

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 4 - -
3+2 1 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
027-0846-058-00
Land Assessment
£265,697
Improvements Assessment
£527,307
Total Assessment
£796,707

zoning

Zoning Code RM-3 (Multi Family Residential)
RM-3 (Multi Family Residential)
  • Listing ID: 15718759

  • Date on Market: 12/04/2019

  • Last Updated:

  • Address: 3222 E 27th St, Oakland, CA 94601

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