CA
Alameda
Oakland
94606
1947 E 22Nd St
1947 E 22Nd St, Oakland, CA 94606
Listing Type
multi family
Listing Status
active
1
$1,100,000

Home Details for 1947 E 22Nd St

Price
$1,100,000
Type
ResidentialIncome
Bedrooms
0
Bathrooms
0.0
Square feet
NaN
Year built
1964
Lot size acres
0.1600
County
Alameda
Garage
Days on site
2074
MLS Listing#
40845547
Listing courtesy: INFINITY INVESTMENTS
Property 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.

Property Features
  • Cooling Information
    • None
  • Heating Information
    • Wall Furnace
. Presented by: STEVEN PETERSON
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IDX data provided by Mobile Real Estate, LLC
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from California Regional MLS.
EXIT ALLIANCE REALTY
43521 Ridge Park Suite 201, Temecula, CA 92590
CA DRE# 01924483. Shawn Sorensen broker.
Karen Totty
REALTOR
Office
951 639 8777
Agent
951 970 5087
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