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Residential Income - 3314 Farnam St, Oakland, CA

$795,000

3314 Farnam St, Oakland, CA

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Description

Qualified investors are extended the opportunity to acquire 3314 Farnam Street located in Oakland, CA. This well-maintained apartment community of 4 units was built in 1923 and includes 1 large two bedroom / two bathroom unit and 3 two bedroom one bathroom units. Each unit is individually metered for gas and electric. Tenants enjoy secure gated access and a common area backyard. 3314 Farnam offers investors the opportunity to increase cash flow through potential conversion of the 3 storage units into ADU's, capital expenditure pass throughs and rent increases. Buyer shall be responsible for verifying unit determination.

Property details

Year built
1923
Property type
Residential Income
Lot size
4,000 sqft

Location

3314 Farnam St • Oakland, CA 94601

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Listed by

Stephen Pagones · Oak Tree Property Group

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