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5444 International Blvd, OAKLAND, CA 94601 (MLS # 40930516)

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PRICE$825,000 dsIDX morgage calculator
BEDS 8
BATHS 0
HOME SIZE 5,495 sqft
LOT SIZE 5,663 sqft

Large 4-unit apartment complex consisting of four 2bd/1bth units with solid cash flow and excellent rental upside. 6.75% cap rate and 10.11 on current rents! The property offers 3,340 square feet of rental spaces and sits on a large 5,495 square foot lot that offers 6+ parking spaces and room to potentially build an Accessory Dwelling Unit (ADU). The current owner recently addressed all deferred maintenance and spent over $25,000 on capital improvements to deliver a turn-key investment for the next owner. The roof is relatively new and the electrical system and foundation have both been upgraded. Maintenance and repairs are low, and all units are separately metered for PG&E providing for low annual expenses. The units have spacious floor plans, classic details, hardwood floors and great light. The property is located adjacent to the Fairfax Business District in close proximity to restaurants, shopping, public transportation, and multiple BART stations.

DAYS ON MARKET 48 LAST UPDATED 12/10/2020
YEAR BUILT 1942 COMMUNITY Oakland Zip Code 94601
COUNTY Alameda STATUS Pending
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIROther
AREAOakland Zip Code 94601
BASEMENTNone
CONSTRUCTIONSiding - Stucco
EXTERIORFenced
HEATOther Heat
LOT5663 sq ft
LOT DESCRIPTIONOther
PARKINGOff Street Parking
SEWERSewer System - Public
TAXES0
WATERSewer System - Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by David Howarth with The Pinza Group, Inc
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