Multifamily Apartment Building - FOR SALE!
$1,395,000
1430 45th Avenue, Oakland, CA 94601
For Sale
Multifamily
Unknown Sub Type
Active
Last Updated: 09/17/2025
7.27
Cap Rate
101,482
NOI
Details:
Cap Rate: 7.27%
NOI: $101,482
Building Size: 6,812 sqft
Lot Area: 14,450 sqft
Units: 10
GRM: 9.43
Year Built: 1935 / 1941
Price Per Sqft: $205
Price Per Unit: $139,500
Zoning: R-70
Highlights:
- Centrally located in the heart of Oakland
- 9 onsite parking spaces + storage
- 10 residential units on 2 parcels, 1 delivered vacant
- Stabilized asset
- Potential upside in unit and common area upgrades
- Renovation Opportunity
Description:
1430-1436 45th Avenue sits on two parcels and is improved with 3 buildings. One parcel includes a triplex and detached residence, while the adjacent parcel is improved with a six-unit building. The property has only one vacancy and the majority of the units collecting market-rate rents. All units are individually metered for PG&E. There are 9 off street parking spaces. Tenants have easy access to the I-880 and the Fruitvale Bart station.
Documents:
Title | ||
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Offering Memorandum |
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