1165 71st Ave, Oakland, CA 94621
Fourplex · 2 recorded sales since 2020
Sold May 2022
Listing Agent: Robert Dau (DRE #01992248) · Listing Office: Transwestern Property Co. · Contact: 415-489-1839 · Bought with: Lili Falsken · BCRE · MLS #40977579 · Source: CRMLS
About this fourplex
PROPERTY HIGHLIGHTS • UNDER MARKET PRICING: Listed at a 6.50% CAP, under Redfin’s market price projection of $994,367 – great value • Very Strong unit mix featuring (4) spacious 3BR/1BA units • Strong rent roll with an in-place 6.50% CAP Rate / 10.69 GRM • Huge upside with a market 12.72% CAP Rate / 6.41 GRM • Off-street 1:1 gated parking • Great opportunity for a buyer to remodel units and pick their own tenants creating a great cash flowing asset Location Overview • Walk Score 82 (Very Walkable) • Strong Coliseum location – short walk to local retailers on International Blvd • 0.5 mile walk to Coliseum BART • Short walk to many local retailers including diners, restaurants, convenience stores, a gym and much more • Quick commute to neighboring Bay Area cities including Downtown Oakland, Berkeley, San Francisco, and other major employment hubs
Listing description from the May 2022 sale, as reported to CRMLS.
Sale history
