Oakland, CA 94610,350 Jayne Ave
Oakland, CA 94610,350 Jayne Ave
Oakland, CA 94610,350 Jayne Ave
10
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Listed by Steven Pinza • The Pinza Group, Inc
$995,000
Est. payment /mo
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2,884 SqFt
Active

350 Jayne Ave Oakland, CA 94610

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UPDATED:

08/21/2024 03:53 PM

Key Details

Property Type Commercial

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 2,884 sqft

Price per Sqft $345

MLS Listing ID 41069745

HOA Y/N No

Originating Board Bridge AOR

Year Built 1919

Lot Size 6,500 Sqft

Property Description

www.pinzaoaklandportfolio.com; The Pinza Group is pleased to present 348-352 Jayne Ave, a distinguished five-unit property in Oakland's sought-after Adams Point neighborhood. This property features one studio and four 1-bedroom/1-bathroom units, each 570 SF, with current rental rates approximately 40% below market, offering substantial potential for significant rental upside upon turnover, capital improvement pass-throughs, or tenant buy-outs. The vacant one-bedroom unit is ideal for new investors seeking owner occupancy through a low downpayment loan or seasoned investors aiming to capitalize on market-rate rents. Situated on a large 6,500 SF lot, the building offers a 1:1 off-street parking ratio and ample storage space. Located BART Station and 580, this property offers optimal accessibility. Email agent on property website for more info. 14.26 GRM; 8.48 Market GRM

Location

State CA

County Alameda

Interior

Heating Other

Cooling Other

Flooring Other

Fireplace No

Exterior

Parking Type Other

Building

Lot Description Other


Bay East AOR and Contra Costa AOR

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+1(925) 765-9095

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350 Jayne Ave