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1658 34TH AVE, OAKLAND, CA 94601

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$1,595,000

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  • 0 Beds
  • 0.0 Baths
  • 5540 Sqft
  • Residential Income
  • Active
  • MLS# ML81720321

Property Details for 1658 34th Ave

No Rent Control! LARGE Units! This four (4) unit property consists of three (3) 3-bed/2-bath 1,545SF units and one (1) 2-bed/1-bath 900SF unit. Constructed in 1989, the property is exempt from the city's rent control ordinance. Rents can be increased end of June 2019. Current rents are +/-35% below market. Large units and ample parking are sure to keep occupancy rates high. The property is located on the East side of 34th Avenue between E. 17th and E. 18th Street in the heart of Oakland's burgeoning Fruitvale neighborhood. The Fruitvale BART Station is well within walking distance, and the I-880 & I-80 Freeways are easy to access by car. Smooth commutes and a vibrant neighborhood scene will continue to drive premium rents from tenants. Fruitvale has also gained positive media attention in recent months as a UCLA study cited it as a model of neighborhood development without gentrification. Income and expenses are proforma. Offering memorandum is available.

Listing courtesy of: NAI Northern California

INTERESTED IN THIS PROPERTY

PROPERTY DETAILS

  • Property Type: Residential Income
  • List Price: $1,595,000
  • Sqft: 5,540
  • Acres: 0
  • Beds: 0
  • Baths: 0.0
  • City: Oakland
  • State: CA
  • Zip: 94601
  • Special Features: : Other
  • Acres: : 0.182
  • Additional Listing Info: : Not Applicable / Not Disclosed
  • Age: : 29
  • Parking Spaces: : 4
  • Year Built: : 1989
  • Garage Space: : 0
  • Number of Stories: : 2
  • Zoning: : RM-2
  • Carport_Min: : 0
  • Cooling: : Other
  • Foundation: : Other
  • Garage Parking Features: : Gate/Door Opener
  • Heating: : Other
  • Maximum Lot Size: : 7920.00
  • Minimum Lot Size: : 7920.00
  • Parcel Number: : 033-2126-019
  • Roof: : Other
  • Water: : Other
  • Branded Virtual Tour: 
  • Additional Remarks: 

LISTING HISTORY

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Mortgage Information


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AREA OVERVIEW


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Based on information from MLSListings MLS as of 10/19/2018 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.

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