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3285 Delaware St Oakland, CA 94602
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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
Read Less
Bought with Ismael Benhamida • Marcus & Millichap