1432 45TH AVE
OAKLAND APARTMENT BUILDING
1430-1436 45th Avenue sits on two parcels and consists of 3 buildings. One parcel has a triplex and detached residence, while the adjacent parcel has a six-unit building on it. The property is fully leased with the majority of the units collecting market-rate rents. All units are individually metered for PG&E. There are 9 off street parking spaces. Tenants have easy access to the I-880 and the Fruitvale Bart station. This is an excellent stabilized asset for both a seasoned or first-time investor.
LISTING PRICE: $1,475,000
PRICE / SQ FT: $217
CAP RATE: 6.6%
GRM: 10.58
10 apartment units
BUILDING SIZE: 6,812 Sq. Ft.
PARCEL SIZE: 14,450 Sq. Ft.
YEAR BUILT: 1935/1941
ZONING: NCT: R-70
