Address
1165 71st Ave Oakland, CA
Price
$ 949,000
Property Attributes
  • ID#40977579
  • TypeIncome
  • CountyALAMEDA
  • CityOakland
  • Zip94621
  • StyleQuadruplex
  • Price$ 949,000
  • Bedrooms12
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3696
  • Lot Size5,000 SqFt
Listing Provided Courtesy Of:
Robert Dau with Transwestern Property Co..
Data Source:
Contra Costa Association of REALTORS®
Property Description

PROPERTY HIGHLIGHTS • UNDER MARKET PRICING: Listed at a 6% CAP, under Redfin’s market price projection of $994,367 – great value • Clean and well-maintained fourplex available near Coliseum BART offered at $257 per SqFt • Very Strong unit mix featuring (4) spacious 3BR/1BA units • Strong rent roll with an in-place 6.00% CAP Rate / 11.16 GRM • Huge upside with a market 12.35% CAP Rate / 6.48 GRM • Off-street 1:1 gated parking • Great opportunity for a buyer to remodel units and pick their own tenants creating a great cash flowing asset Location Overview • Walk Score 82 (Very Walkable) • Strong Coliseum location – short walk to local retailers on International Blvd • 0.5 mile walk to Coliseum BART • Short walk to many local retailers including diners, restaurants, convenience stores, a gym and much more • Quick commute to neighboring Bay Area cities including Downtown Oakland, Berkeley, San Francisco, and other major employment hubs

Price History
1/10/2022 Listed $949,000

General Features

City Oakland
Construction Materials None
Cooling No Air Conditioning
County Alameda
Directions 71st Ave
Flooring None
Garage Y/N Yes
Heating None
Lot Size Square Feet 5000
Property SubType Quadruplex
Property Type Residential Income
Roof None
Standard Status Active
Status Active
Street Name 71st Ave
Year Built 1965

Interior Features

Air Conditioning Y/N Yes
Heating Y/N No
Living Area 3696

Exterior Features

Lot Features None
Lot Size Area 5000
Other Equipment None
Parking Features No Garage

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 94621

Price
AVG $680K
$950K
Visits
AVG 18
12
Year Built
AVG 1944
1965
Walkscore
AVG 76
82
Data Provided by Walkscore ® not using MLS data

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