2112 35th Avenue

Oakland, CA 94601

$1,295,000
Price
Beds
4,850 Sq. Ft.
$267 / Sq. Ft.
4,850
Sq. Ft.
$267
per Sq. Ft.

Description

www.211235thave.com; 7-unit apartment complex featuring Three 2bd/1bth units and four 1bd/1bth units with market rate tenants and excellent long-term upside. The current cap rate is 7.18% and the current GRM is 9.46. The property was originally built in 1961, offers approximately 4,850 square feet of rental space, and sits on a 6,708 square foot lot with four garages, and multiple off-street parking spaces. The units have all been remodeled over time and offer newer kitchens and bathrooms, wood floors,...www.211235thave.com; 7-unit apartment complex featuring Three 2bd/1bth units and four 1bd/1bth units with market rate tenants and excellent long-term upside. The current cap rate is 7.18% and the current GRM is 9.46. The property was originally built in 1961, offers approximately 4,850 square feet of rental space, and sits on a 6,708 square foot lot with four garages, and multiple off-street parking spaces. The units have all been remodeled over time and offer newer kitchens and bathrooms, wood floors, double pane windows, countertops, custom molding, a newer roof, and more. The property is easy to manage and is separately metered for PG&E providing for low annual operating expenses. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turn-key investment for the next owner. Currently there are two vacant units making this perfect for an owner-occupant or an investor looking to lease at a top market rate.
  1. Listed by David Howarth • DRE #01360348 • The Pinza Group, Inc

Property Details for 2112 35th Avenue

City
OAKLAND
Building Type
5 or More Units
Property Sub Type
5 or More Units
Garage/Parking
Other
Total # Parking Spaces
4
LISTING UPDATED: 10/02/2024 01:25 AM

Property Details for 2112 35th Avenue

StatusActive
MLS #41074419
Days on Compass28
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1961
Lot Size0.15 AC / 6,708 SF
CountyAlameda County

Building Information for 2112 35th Avenue

Stories-Residences7Year Built1961Building Size-Lot Size0.15 AC / 6,708 SF

Property Information for 2112 35th Avenue

Features
Feature Details
  • Flooring: Other
Utility Details
  • Cooling: Other
  • Heating: Other Heat
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: Other
Property Details
  • Additional Equipment: Other
  • City Transfer Tax: Yes
  • Exterior: Other
  • Lot Description: Other
  • Lot Sq Ft Apx: 6708
  • Lot Size Square Feet: 6708.0
  • Roof: Other
  • Sq Ft Apx: 4850
  • Year Built: 1961
Location Details
  • Directions to Property: Foothill Rt on 35th Ave
  • FIPS Code: 06001
  • Census Tract: 94601
  • Parcel Number: 32-2112-2
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 7
  • Basement: Other
  • Tenant Pays: Electric, Gas
  • Financial Data Source: Other
Multi Family 5+ Information
Building Details
  • Additional Features-Misc: Other
  • Apx Lot Acres: 0
  • On Site Parking Description: Other
Other Financial Information
  • Existing Loan: Other
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 2112 35th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2112 35th Avenue

Taxable ValueLand$501,975Additions$587,868Total$1,089,843
Tax Record2023$19,976 ($1,665 / month)
Home Facts
Total Finished SqFt4,078 SqFtAbove Grade Finished SqFt4,078 SqFtStories2Lot Size6,708 SqFtStyleMulti-Family Res (5+ Units)Year Built1961Year Renovated1962CountyALAMEDAAPN32-2112-2

Schools near 2112 35th Avenue

This home is within Oakland Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Global Family School
PublicK to 5

Urban Promise Academy
Public6 to 8

United For Success Academy
Public6 to 8

Fremont High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2112 35th Avenue is a multi-family home for sale in Oakland, CA 94601. This property was listed for sale on September 25, 2024 by The Pinza Group, Inc, it's currently listed at $1,295,000. It has been on the market for a total of 28 days and was last sold on January 11, 2018. This listing's school district is Oakland Unified School District. Nearby schools include Global Family School, Urban Promise Academy and United For Success Academy. 2112 35th Avenue is a 0-bed, 0-bath, 4,850 sqft multi-family home built in 1961.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Pinza Group, Inc, David Howarth, DRE #01360348

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.