• Asking Price $1,050,000
  • Estimated Value: $1,133,968
  • 2133 34TH AVE OAKLAND, CA 94601

  • 6 Beds 3 Baths 2,839 SqFt
  • Townhouse or Condo / Resale (MLS)

Property Details for 2133 34TH AVE, OAKLAND, CA 94601

Features

  • Price/sqft: $369
  • Lot Size: 0.1033 acres
  • Total Units: 3
  • Total Rooms: 15
  • Stories: 200
  • Construction Type: Wood

Facts

  • Year Built: 01/01/1964
  • Property ID: 897005188
  • MLS Number: 424042455
  • Parcel Number: 27-881-33-1
  • Property Type: Townhouse or Condo
  • County: Alameda
  • Legal Description: LOT: 00001 BLK: 0033 AR: 0027 PAGE: 0881

Description

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

This listing is NOT a foreclosure. Strategically located in Fruitvale District between I-580 and I-880, 2133 34th Avenue is a rare opportunity to acquire a turnkey 3 unit apartment building in the emerging Oakland Market. The asset features (1) One Bedroom One Bathroom Unit, (1) Two Bedroom One Bathroom Units, and (1) 3 Bedroom One Bathroom Unit., Three covered parking spots, each with one additional tandem uncovered spot totaling 6 parking spots. Unit 2 was remodeled in 2023, and Unit 3 was remodeled in 2022. Potential to add coin operated laundry machines for additional income. Close proximity to mass transit. Offered at an attractive 6.35% CAP Rate/10.89 GRM and Pro Forma CAP Rate 6.75%/10.47 GRM, the complex will immediately provide investors with great cash flow on day one with potential for future upside.

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