3617 San Leandro, Oakland, CA 94601-3445 - MLS#EB41071137

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Eric Boyenga

e@boyenga.com +1(408) 506-3942

$ 1,175,000

Est. payment | -/mo

4,125 SqFt

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$ 1,175,000

Est. payment | -/mo

Save

4,125 SqFt

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,125 sqft

Price per Sqft $284

MLS Listing ID EB41071137

Originating Board Bridge MLS

Year Built 1933

Lot Size 0.261 Acres

Property Description

www.3617sanleandrost.com; 4-unit mixed-use investment with excellent income upside and a variety of repositioning options. The current cap rate is 6.17% and the current GRM is 11.35 The offering includes a packaged sale of 3617 San Leandro St and 916 36th Ave in Oakland. 3617 San Leandro St is zoned for a light industrial and features one 2bd/1bth unit, one 1bd/1bth unit, a small retail space, and a large warehouse. The warehouse is connected to 916 36th Ave which is a tenant-occupied 2bd/1bth single-family home. The combined rental area for both buildings is 4,125 square feet with an approximate combined lot size of 11,350 square feet. The property is easy to manage and is separately metered for PG&E, with past tenants paying all water and garbage expense, providing for low future annual operating expenses. The entire property may be able to be delivered vacant with the exception of possibly one unit at 3671 San Leandro St. making this an ideal investment for an owner-user, investor, or extended family.

Location

State CA

County Alameda

Area Other Area

Interior

Heating Other

Cooling Other

Flooring Other

Laundry Other

Exterior

Exterior Feature Other

Garage Other

Garage Spaces 10.0

Roof Type Other

Building

Lot Description Other

Sewer Sewer - Public

Water Public

Others

Tax ID 33-2179-4

Special Listing Condition Not Applicable

Listed by David Howarth • The Pinza Group, Inc

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA