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1947 E 22Nd St, Oakland, CA 94606

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Listing Type
multi family
Listing Status
active
Explore Oakland, CA
1
Overview
Features
Commute
Transportation
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$1,100,000

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Home Details for 1947 E 22Nd St

Price
$1,100,000
Type
multi family
Year Build
1964
Lot Size
0.1600
County
Alameda
Tax
$17,316
MLS Listing#
40845547
On exitrealty.com
1240 days

Property Description

This property is a dynamic cash flow machine, as it generates a true 5% Capitalization Rate on the existing financials and is located in the very desirable Highland Heights Neighborhood less than 5 minutes away from Highland Hospital making for an extremely strong rental demand. The unit mix is outstanding, comprised of 5 very large 2bd/1ba apartments with on-site parking for each unit and the property also has onsite laundry.  Two of the units are rented close to market and the other Three are under market, which means there is also  upside value in the rents.

Property Features

EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA BRE# 01516899. Lorenzo Castillo Broker.
$1,100,000

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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA BRE# 01516899. Lorenzo Castillo Broker.