2285 82Nd Ave, Oakland, CA 94605

About this triplex

3-unit apartment complex on a HUGE lot consisting of one front 2bd/2bth house and a duplex in the rear featuring one 2bd/1bth unit and 1bd/1bth unit. Current cap rate: 7.09% and current GRM: 10.24. The property was built in 1938, offers approximately 2,442 square feet of rental space, and sits on an oversized 8,990 square foot lot with three garages and room for possible ADU development. The front house has been fully remodeled and perfect for an owner-occupant or investor who wants max market rent. The back units have been updated over time and are occupied by nice respectful tenants who are current on rent. The property is easy to maintain and separately metered on PG&E providing for low annual operating expenses.

Listing description from the May 2023 sale, as reported to CRMLS.

Sale history

$725,000

Sold May 2023 · listed $775,000, orig. $849,000, on market October 2022 · MLS #41012802 · Source: CRMLS

Listing Agent: David Howarth · Listing Office: The Pinza Group, Inc · Contact: 510-725-4775 · Bought with: Antonio Garcia · KW Advisors

$330,000

Sold August 2014 · listed $249,000, on market June 2014 · MLS #40661848 · Source: CRMLS

Listing Agent: SANG SOK · Listing Office: BETTER HOMES AND GARDENS REAL ESTATE RP · Contact: 510-834-2010 · Bought with: ALEXANDER CHUONG · BETTER HOMES AND GARDENS REAL ESTATE RP

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