3675 39Th Ave, Oakland, CA 94619

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Property Description

www.367539th.com; 6-unit apartment complex featuring six 2bd/1bth units with strong current income and excellent rental upside. Current cap rate of 7.42% and current GRM of 8.88. The property was originally built in 1979, offers approximately 5,340 square feet of rental space, and sits on an extra-large 9,725 square foot lot with 8 parking spaces and a nice backyard area. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turnkey investment for the next owner. The units have been remodeled and offer new kitchens, bathrooms, upgraded electrical and plumbing, new flooring, double pane windows, new exterior and interior paint, a newer roof, and more. The property has been historically managed by the owner and offers low annual operating expenses. One unit will be delivered vacant that’s perfect for an investor seeking high market rents or a possible owner-occupant.


Interior Features

Bedroom Information
Bedrooms N/A
Interior Information
Cooling Type See Remarks

Listing Information

Address 3675 39Th Ave
City Oakland
State CA
Zip 94619
County Alameda
Listing Agent David Howarth DRE #01360348
Courtesy Of The Pinza Group, Inc
List Price $1,295,000
Status Active
Type Residential Income
Structure Size N/A
Lot Size 9,725
Year Built 1979

Listing information courtesy of: David Howarth, The Pinza Group, Inc. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 29th, 2024 at 12:17 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.