3215 Filbert St, Oakland, CA 94608

About this property

8-unit apartment complex with strong current cash flow and excellent rental upside. Many of the units have been updated over time with newer kitchens and bathrooms, new double pane windows, new paint, coin-operated laundry, in-unit water heaters. Maintenance is low and the property is separately metered for water and PG&E providing for low annual operating expenses. Several units are below market in rent, offering the next investor the opportunity to raise rents over time and achieve greater cash flow.

Listing description from the July 2024 sale, as reported to CRMLS.

Sale history

$1,400,000

Sold July 2024 · listed $1,750,000, orig. $1,875,000, on market June 2023 · MLS #41029482 · Source: CRMLS

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

$1,375,000

Sold November 2018 · listed $1,399,950, on market April 2018 · MLS #40816934 · Source: CRMLS

Listing Agent: KENNETH SESSION · Listing Office: SESSION REAL ESTATE · Contact: 510-568-4200 · Bought with: KENNETH SESSION · SESSION REAL ESTATE

$1,125,000

Sold March 2016 · listed $1,200,000, on market November 2015 · MLS #40722037 · Source: CRMLS

Listing Agent: GREG LYONS · Listing Office: BETTER HOMES AND GARDENS REAL ESTATE RP · Contact: 510-834-2010 · Bought with: GREG LYONS · BETTER HOMES AND GARDENS REAL ESTATE RP

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