3227-3231 Telegraph Ave
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3227-3231 Telegraph Ave
6 Unit Block of Flats £1,425,606 (£237,601/Unit) Oakland, CA 94609
Executive Summary
Discover a lucrative investment opportunity at 3231 Telegraph Ave, Oakland, CA 94609. This well-maintained 6-unit building offers a strong rental income stream in a highly desirable location. Appraised at $1,620,000 in 2019.
Building Highlights:
Solid Construction: Constructed with durable materials, ensuring long-term stability and minimal maintenance.
Excellent Location: Situated on Telegraph Avenue, a vibrant corridor with high foot traffic and easy access to public transportation, shops, restaurants, and entertainment.
Strong Rental Demand: High demand for rental units in this sought-after Oakland neighborhood.
Potential for Value-Add: Explore opportunities to increase rental income through renovations or unit upgrades.
Investment Potential:
Stable Cash Flow: Generate consistent rental income with strong potential for appreciation.
High Occupancy Rates: Benefit from high demand and maintain consistent occupancy.
Limited Competition: Secure a valuable asset in a competitive market.
Don't miss this chance to acquire a profitable multi-family property in a prime Oakland location. Contact us today to schedule a viewing.
Building Highlights:
Solid Construction: Constructed with durable materials, ensuring long-term stability and minimal maintenance.
Excellent Location: Situated on Telegraph Avenue, a vibrant corridor with high foot traffic and easy access to public transportation, shops, restaurants, and entertainment.
Strong Rental Demand: High demand for rental units in this sought-after Oakland neighborhood.
Potential for Value-Add: Explore opportunities to increase rental income through renovations or unit upgrades.
Investment Potential:
Stable Cash Flow: Generate consistent rental income with strong potential for appreciation.
High Occupancy Rates: Benefit from high demand and maintain consistent occupancy.
Limited Competition: Secure a valuable asset in a competitive market.
Don't miss this chance to acquire a profitable multi-family property in a prime Oakland location. Contact us today to schedule a viewing.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | £1,425,606 | Building Class | C |
| Price Per Unit | £237,601 | Lot Size | 0.09 AC |
| Sale Type | Investment | Building Size | 5,392 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Residential | Number of Floors | 2 |
| Property Subtype | Apartment | Year Built | 1906 |
| Apartment Style | Low Rise | Parking Ratio | 0.33/1,000 SF |
| Price | £1,425,606 |
| Price Per Unit | £237,601 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 5,392 SF |
| Average Occupancy | 100% |
| Number of Floors | 2 |
| Year Built | 1906 |
| Parking Ratio | 0.33/1,000 SF |
Unit Amenities
- Air Conditioning
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 4 | - | - |
| 3+1 | 1 | - | - |
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Walk Score ®
Walker's Paradise (93)
Transit Score ®
Excellent Transit (70)
Bike Score ®
Very Bikeable (88)
PROPERTY TAXES
| Parcel Number | 009-0716-002-00 | Improvements Assessment | £592,071 (2024) |
| Land Assessment | £253,168 (2024) | Total Assessment | £845,239 (2024) |
PROPERTY TAXES
Parcel Number
009-0716-002-00
Land Assessment
£253,168 (2024)
Improvements Assessment
£592,071 (2024)
Total Assessment
£845,239 (2024)
zoning
| Zoning Code | C-40, Oakland |
| C-40, Oakland |
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3227-3231 Telegraph Ave
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