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Address not disclosed San Leandro, CA 94577
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Key Details
Sold Price $2,200,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81809852
Year Built 1967
Annual Tax Amount $30,896
Lot Size 0.275 Acres
Property Description
Upside to an 8% cap rate! First time on the market since built! Rare opportunity to own this 8-unit property that is 10,250 SF on a 12,000 SF lot. It includes (4) 2 bed 1.5 bath town homes, (2) 2 bed 1.25 bath condos, and (2) 3 bed 1.5 baths town homes. 8 covered & 4 uncovered and ample street parking. Units are individually metered for electric and master metered for water. Each unit has its own indoor laundry hookups. Short drive to Downtown San Leandro ,BART, shopping, Oakland Zoo, Golf and Chabot Park. Walking distance to a bevy of amenities. The property's excellent unit mix and value add potential, coupled with interest rates at historical lows, make for an excellent investment that you won't want to miss!
Location
State CA
County Alameda
Area 699 - Not Defined
Zoning RM
Interior
Heating Electric
Cooling None
Exterior
Roof Type Composition
Building
Water Public
Schools
School District Other
Others
Special Listing Condition Standard
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Bought with RECIP • Out of Area Office