791 Alcatraz Ave Oakland, CA 94609
Amazing value-add opportunity in North Oakland! A fourplex in the front and a triplex in the back. Property includes 2-Studios, 3-1bd/1ba, and 2-2bd/1ba units. With 3-units delivered vacant and the potential to convert existing studios to Jr. 1-bed or 1-Bed units; a buyer can renovate and rent to achieve a stabilized 9.3% CAP and 12.8% cash on cash return. Market CAP 13.6% and 23.5% cash on cash return. A short walk to Ashby Bart and Berkeley Bowl, don't miss out on this high cash flow asset.
property details
Interior Features
Laminate
Carpet
Wood
Linoleum
Exterior Features
Shingle
Utility & Building Info
Price History
| date | event | price | source |
|---|---|---|---|
|
01/29/2024
01/29/2024
|
Sold |
$835,000
|
San Francisco Association of Realtors |
Market Trends
Source: Constellation1
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