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    2436 25th Avenue

    Oakland, CA 94601
    • $1,500,000
    • STATUS: Active
    • ON SITE: 96 days
    • ID#: 40913564
    UPDATED: 39 min ago
    $1,500,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1954
    County:
    Area:

    School Ratings & Info

    Description

    NAI Northern California is pleased to offer an excellent investor opportunity in the Meadowbrook area of Oakland. This six-unit investment property consists of one 3-bedroom, 2-bathroom apartment, three 2-bedroom, 1-bathroom apartments, and two 1-bedroom, 1-bathroom apartments. Built in 1954, the asset has been well maintained by its current owner. 2436 25th Avenue is situated between East 24th and East 25th Avenue and borders the Foothill and Highland Terrace districts. The property is also conveniently located between Interstates 580 and 880 giving tenants easy access to both freeways. The Fruitvale BART station and Lake Merritt are both less than 10 minutes away from the property. 2436 25th sits above the rapidly changing Fruitvale District and just below the Dimond District.

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    Bay East ©2020. CCAR ©2020. bridgeMLS ©2020. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2020-10-28T21:41:10.38.

    www.lucasgphomes.com/homes/108153344
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    2436 25th Avenue Oakland, CA 94601

    • Price: $1,500,000
    • Status: Active
    • Updated: 39 min ago
    • ID#: 40913564
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    1954
    Built
    Neighborhood:
    Oakland
    County:
    Alameda
    Area:
    Oakland
    Property Description
    NAI Northern California is pleased to offer an excellent investor opportunity in the Meadowbrook area of Oakland. This six-unit investment property consists of one 3-bedroom, 2-bathroom apartment, three 2-bedroom, 1-bathroom apartments, and two 1-bedroom, 1-bathroom apartments. Built in 1954, the asset has been well maintained by its current owner. 2436 25th Avenue is situated between East 24th and East 25th Avenue and borders the Foothill and Highland Terrace districts. The property is also conveniently located between Interstates 580 and 880 giving tenants easy access to both freeways. The Fruitvale BART station and Lake Merritt are both less than 10 minutes away from the property. 2436 25th sits above the rapidly changing Fruitvale District and just below the Dimond District.
    Exterior Features

    Additional Misc Features Other Exterior Concrete Lot Description 2 Houses / 1 Lot Parking Description Parking Area Parking Spaces Total 6 Roof Other

    Interior Features

    All Units Have Other Basement NoneStorage Area Bathrooms Unit1 1 Bathrooms Unit2 2 Bathrooms Unit3 1 Bathrooms Unit4 1 Bathrooms Unit5 1 Bedrooms Unit1 2 Bedrooms Unit2 3 Bedrooms Unit3 2 Bedrooms Unit4 1 Bedrooms Unit5 2 Cooling Other Flooring Other Heating Wall Furnace Laundry Other Some Units Have DishwasherMicrowaveOven DoubleRefrigeratorUpdated BathsUpdated Kitchen

    Property Features

    Annual Expense Year 44125 Annual Gross Fee Income 122400 Annual Gross Sched Income 118728 Annual Insurance Expense 2107 Annual License Expense 0 Annual Maintenance Exp 2400 Annual Management Expense 0 Annual Miscellaneous Inc 0 Annual Rental Inc 122400 Annual Taxes 20050 Annual Total Oper Exp 42445 Annual Utility Expense 4256 Annual Vacancy Expense 3 Building Type 5 Or More Units City Transfer Tax Yes Disabled Features Other Equipment Additional Other Existing Lease Terms Other Financial Data Source Owner Gross Oper Actual Inc 118728 Net Operating Income 76282 Operating Expenses InsuranceMaintenance/RepairMiscellaneous/OtherTrash RemovalVacancy FactorWater Other Annual Expense 7425 Point Of Sale Ordinance Yes Separate Meters ElectricGas Special Information None Tenant Pays ElectricGas Tot Bldg Sq Ft 4683 Total Deposits 495000 Water Sewer Water - Public

    Listing courtesy of Matthew Rulloda of .


    Bay East ©2020. CCAR ©2020. bridgeMLS ©2020. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2020-10-28T21:41:10.38.

     
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