$1,100,000
 $5,905 est/mo Sourced by Back At You

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Description

This property is a dynamic cash flow machine, as it generates a true 5% Capitalization Rate on the existing financials and is located in the very desirable Highland Heights Neighborhood less than 5 minutes away from Highland Hospital making for an extremely strong rental demand. The unit mix is outstanding, comprised of 5 very large 2bd/1ba apartments with on-site parking for each unit and the property also has onsite laundry. Two of the units are rented close to market and the other Three are under market, which means there is also upside value in the rents.

Details

MLS #40845547
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive
Year1964
Days On Site2785
Listing Provided ByINFINITY INVESTMENTS | STEVEN PETERSON

Features

Units5
Acreage0.16

Interior

CoolingNone
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoNo

Exterior

Construction MaterialsStucco
Lot FeaturesSloped Down

Taxes

Property17316

Area Information

StateCA
CountyAlameda
CityOakland
Zip Code94606
Sourced by Back At You

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Learn More About This Property

Jeff Rayborn

Jeff Rayborn

Desert Lifestyle Properties

02062886 (323) 833-5529jeff@desertlifestyleproperties.com
StateCA
CountyAlameda
CityOakland
Zip Code94606
Sourced by Back At You
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sqft: 0 - 0
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Listing Updated: August 21, 2026 at 11:13:06 PM PDT
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(323) 833-5529
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Jeff Rayborn - Desert Lifestyle Properties