Rare opportunity to acquire a fully rented 4 plex. Perfect for an investor looking for additional cash flow and appreciation. Property includes 4 2/1 units, laundry room, and a parking lot in the back. Easy access to 580 and 880, and conveniently located near retail, Walgreens, shops, and restaurants on Foothill Blvd. Gross rent $60,345 NOI $40,140.49 15.74 GRM 4.225% Cap Rate
Off market
$967,400
2240 Coolidge Ave, Oakland, CA 94601
--beds
0baths
3,536sqft
MultiFamily
Built in 1962
-- sqft lot
$967,400 Zestimate®
$274/sqft
$3,019 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Other
Cooling
- None
Features
- Flooring: Linoleum / Vinyl
Interior area
- Total interior livable area: 3,536 sqft
Property
Lot
- Size: 5,000 sqft
Details
- Parcel number: 2788138
Construction
Type & style
- Home type: MultiFamily
Materials
- wood frame
- Roof: Other
Condition
- Year built: 1962
Utilities & green energy
- Utilities for property: Public Utilities
Community & neighborhood
Location
- Region: Oakland
Other
Other facts
- Lot Size Area Maximum Units: Square Feet
- Lot Size Area Minimum Units: Square Feet
- Structure SqFt Source: Assessor
- Listing Type: Exclusive Right to Sell
- Roof: Other
- Water: Public
- Subclass: Fourplex
- Foundation: Other
- Utilities: Public Utilities
- Garage Parking Features: Parking Area
- Sewer Septic: Sewer - Public
- Heating: Other
- Additional Listing Info: Not Applicable
- Listing Class: Residential Income (2-4 units)
- Flooring: Vinyl / Linoleum
- Meters: Separate Electric, Separate Gas
- Unit 2 Number of Bedrooms: 2
- Unit 1 Number of Bedrooms: 2
- Unit 3 Number of Bedrooms: 2
- Unit 4 Number of Bedrooms: 2
- Unit Type 1 Approx SqFt: 884
- Unit 2 Approx Square Footage: 884
- Unit 1 Rent: 1401
- Unit 2 Rent: 1141
- Unit 3 Approx Square Footage: 884
- Unit 3 Rent: 1117
- Unit 4 Approx Square Footage: 884
- Unit 4 Rent: 1352
Services availability
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Estimated market value
$967,400