Bought with Sabhia Jan • Keller Williams Realty
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2353 82nd Ave Oakland, CA 94605
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Key Details
Sold Price $678,650
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 2,435 sqft
Price per Sqft $278
Subdivision Eastmont
MLS Listing ID 40822190
Sold Date 12/28/18
HOA Y/N No
Originating Board Bridge AOR
Lot Size 2,960 Sqft
Property Description
New Price! An excellent income property just got better! Over $75k annually! Listed at a 7.5% CAP rate (Capitalization rate)! GREAT opportunity to get the best of two worlds in investing with escalating leases on the 2 commercial units. Plus a reliable HUD residential tenant, more than a decade in place, with rent adjusted annually to market. Additionally, there's the benefit of appreciation that comes with the residential market.
Location
State CA
County Alameda
Interior
Heating Other
Cooling Ceiling Fan(s)
Flooring Partial Carpeting, Vinyl
Fireplace No
Exterior
Handicap Access Other
Parking Type Attached, Garage
Building
Lot Description Regular
Water Public
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