Oakland, CA 94602,3285 Delaware St
Oakland, CA 94602,3285 Delaware St
Oakland, CA 94602,3285 Delaware St
11
$2,100,000
$2,150,000
2.3%
Est.Price: ?

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114 Acres Lot

3285 Delaware St Oakland, CA 94602

Est. payment /mo
SOLD DATE : 06/27/2019

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Key Details

Sold Price $2,100,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Laurel District

MLS Listing ID 40846798

Year Built 1985

Annual Tax Amount $31,965

Lot Size 114.000 Acres

Property Description

No rent control!!! High Cash Flow 3285 Delaware is an attractive newer construction building in the sought-after Laurel neighborhood of Oakland. The building consists of 8 well-maintained units with a mix of 6 large 1 bedrooms and 2 ? 2 bedrooms with 8 dedicated off street parking spaces. Units have similar layouts with small breakfast areas, dishwashers and garbage disposals, lots of storage, and natural sunlight coming from all sides. Two units have been extensively remodeled, with high-end finishes. The building received a new roof in 2016 and has been recently painted. There is on-site laundry and the property is separately metered for gas & electric which keeps operating costs down. Priced at over a 5% cap rate, this is a high quality cashflow investment in a quiet location above 580.

Location

State CA

County Alameda

Interior

Heating Wall Furnace

Cooling None

Exterior

Roof Type Shingle

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California Regional MLS (CRMLS)
Listed by BEN WEIL • COMPASS
Bought with Ismael Benhamida • Marcus & Millichap

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Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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