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778 20th, Oakland, CA 94612

Triplex

778 20th, Oakland, CA 94612 Sold April 2024 CRMLS
$880,000Sold April 2024

Listing Agent: John Caronna (DRE #01898437) · Listing Office: Coldwell Banker · Contact: 925-253-4600 · Bought with: Patricia Ulip · Redfin · MLS #41044964 · Source: CRMLS

0
Bathrooms
2,500 sqft
Lot Size
1889
Year Built
Triplex
Type
ForcedAir
Heating

About this triplex

Incredible Cash Flow on Day One! Amazing Owner Move-in to own an Updated Victorian, with a total of 7 bedrooms. 4 bedroom home with a 1 bedroom and 2 bedroom (Recently updated) downstairs apartments. All units will be delivered vacant. Annual Gross Rent is $99,420. This is a 8.9 Gross Rent Multiplier! With all expenses (including a 2% Vacancy) Net Income is $70,318. CAP rate is 7.9%

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

Sale history

$880,000
Sold April 2024 · listed $889,000, on market November 2023 · MLS #41044964 · Source: CRMLS
Listing Agent: John Caronna · Listing Office: Coldwell Banker · Contact: 925-253-4600 · Bought with: Patricia Ulip · Redfin
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