CA > Oakland
Oakland, CA 94606,Address not disclosed
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John Herkenrath

John Herkenrath

Epique

+1(310) 221-2910
$1,100,000
Est. payment /mo
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 40845547

HOA Y/N No

Year Built 1964

Annual Tax Amount $17,316

Property Sub-Type Apartment

Property Description

This property is a dynamic cash flow machine, as it generates a true 5% Capitalization Rate on the existing financials and is located in the very desirable Highland Heights Neighborhood less than 5 minutes away from Highland Hospital making for an extremely strong rental demand. The unit mix is outstanding, comprised of 5 very large 2bd/1ba apartments with on-site parking for each unit and the property also has onsite laundry.  Two of the units are rented close to market and the other Three are under market, which means there is also  upside value in the rents.

Location

State CA

County Alameda

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Building

Lot Description Sloped Down

Others

Tax ID 2129032

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CRMLS – RECore
Listed by STEVEN PETERSON INFINITY INVESTMENTS
John Herkenrath

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

<a href="https://maps.app.goo.gl/pirboN7SMpBm6tb18" target="_blank">3435 E Thousand Oaks Blvd #6354, Westlake Village CA 91359 </a>

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