130081stAve.com;The Pinza Group, Inc. is pleased to present 1300 81st Avenue, a four unit apartment building centrally located in the Woodland neighborhood of Oakland, CA. The property was built in 1966, and features four (4) 2bd/1bth units of ~800 SF. The structure is set on a large 8,025 SF lot, boasting a 2:1 off-street parking ratio, gated entry, functional security system, ample storage space and huge potential for ADU development. Current ownership has recently completed a number of improvements, including: fresh exterior paint, upgraded appliances throughout, improved low-maintenance landscaping, installation of a brand new water heater, and the addition of a coin-operated washer/dryer to bring in additional income. Current rents are below market rate, providing an opportunity for significant rental upside via annual adjustments, tenant turnover, and construction of additional unit(s). 1300 81st Avenue offers a prime opportunity for owner occupants to acquire an exceptionally maintained asset with just 3.5% down ($26,500). Email agent on property website for a complete marketing package.
Property Type :
Residential Income
County :
Alameda
Style :
Residential Income
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ByOwner last updated this listing 05/12/2024 @ 07:26
MLS: 41052422
LISTED BY: Steven Pinza, The Pinza Group, Inc
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
