3617 San Leandro, Oakland, CA 94601-3445
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Listed Price :
$1,175,000
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Beds :
N/A
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Baths :
-
Property Size :
N/A sqft
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Year Built :
1933
Property Description
www.3617sanleandrost.com; 4-unit mixed-use investment with excellent income upside and a variety of repositioning options. The current cap rate is 6.17% and the current GRM is 11.35 The offering includes a packaged sale of 3617 San Leandro St and 916 36th Ave in Oakland. 3617 San Leandro St is zoned for a light industrial and features one 2bd/1bth unit, one 1bd/1bth unit, a small retail space, and a large warehouse. The warehouse is connected to 916 36th Ave which is a tenant-occupied 2bd/1bth single-family home. The combined rental area for both buildings is 4,125 square feet with an approximate combined lot size of 11,350 square feet. The property is easy to manage and is separately metered for PG&E, with past tenants paying all water and garbage expense, providing for low future annual operating expenses. The entire property may be able to be delivered vacant with the exception of possibly one unit at 3671 San Leandro St. making this an ideal investment for an owner-user, investor, or extended family.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Interior Information |
| Cooling Type |
See Remarks |
Listing Information
| Address |
3617 San Leandro |
| City |
Oakland |
| State |
CA |
| Zip |
94601-3445 |
| County |
Alameda |
| Listing Agent |
David Howarth DRE #01360348 |
| Courtesy Of |
The Pinza Group, Inc |
| List Price |
$1,175,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Quadruplex |
| Structure Size |
N/A |
| Lot Size |
11,350 |
| Year Built |
1933 |
Listing information courtesy of: David Howarth, The Pinza Group, Inc. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 20th, 2024 at 12:22 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
