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$1,150,000

Est. payment - /mo

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3,027 Sqft Lot

Active

2775 E 21St St Oakland, CA 94601

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41105459

HOA Y/N No

Year Built 1926

Lot Size 3,027 Sqft

Property Sub-Type Triplex

Property Description

Fully remodeled 3-unit investment with high cash flow. The current cap rates 6.87% and the current GRM is 9.95%. The property offers three units consisting of two 3bd/2bth units with large basements and one detached studio unit. Currently, all bedrooms are rented individually to maximize cash flow, however the back detached studio unit will be delivered vacant at closing making a perfect set-up for an owner-occupant. All units have been fully remodeled and offer newer kitchens and bathrooms with stainless steel appliances, new cabinets, new fixtures, custom lightning, newer flooring, newer paint, custom tile work, double pane windows, and more. The property is easy to manage, and the units are separately metered for PG&E providing for low future annual expenses. The property has upgraded electrical and plumbing systems and all known maintenance issues have been addressed resulting in a 100% turn-key property for the next investor. The property is located on a quiet cul-de-sac with mostly single-family homes and high pride of ownership. The property offers a great location for tenants and is close to a variety of restaurants and shopping options with easy access to BART, Downtown Oakland, HWY 580 and HWY 880.

Location

State CA

County Alameda

Interior

Heating See Remarks

Cooling See Remarks

Fireplace No

Exterior

Parking Features Other

Total Parking Spaces 2

Building

Sewer Public Sewer

Others

Tax ID 2674024

Listed by David Howarth The Pinza Group, Inc

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