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Oakland Portfolio

4 Residential Properties Offered at £33,391,821 in Oakland, CA

Investment Highlights

  • CAP7-9%!

Executive Summary

Four buildings for wholesale or (can be sold separately); Total 221 units, lot:143769SF, living space:162377SF, net income 2.99M/ year, cap 7.47%
asking price $41,486,000
4 Locations : 
6638-6646 MacArthur Blvd, Oakland, CA
2555-2567 Foothill Blvd, Oakland, CA;
2624 Foothill Blvd, Oakland, CA 94601; 
1757 26th Ave, Oakland, CA 94601
The unit price is only $250 per square foot, which is lower than the construction cost!
The annual net income is $2.99 million, with a return rate of around 7.5%. assume the seller's low-interest loan(3.5%-4.5%). For more information, please get in touch with Lynn at 949-351-1343.

Property Facts

Price £33,391,821
Price / SF £241.96 / SF
Net Initial Yield 7.47%
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 1
Total Building Size 138,007 SF
Total Land Area 2.87 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Windsor Court Apartments
6638-6646 MacArthur Blvd, Oakland, CA 94605
Residential 28,630 SF 1958 £12,874,275
Kensington Manor Apartments
2624 Foothill Blvd, Oakland, CA 94601
Residential 29,423 SF 1928 -
The Kensington Plaza
1757 26th Ave, Oakland, CA 94601
Residential 25,447 SF 1938 -
Casa Magna
2555-2567 Foothill Blvd, Oakland, CA 94601
Residential 54,507 SF 1947 -
Show More > < Show Less
  • Listing ID: 34331300

  • Date on Market: 31/12/2024

  • Last Updated:

  • Address: Oakland Portfolio, Oakland, CA

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