For more information regarding the value of a property, please contact us for a free consultation.
791 Alcatraz Oakland, CA 94609
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $835,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 41032451
Year Built 1918
Lot Size 4,159 Sqft
Property Description
Amazing value-add opportunity in North Oakland! A fourplex in the front and a triplex in the back. Property includes 2-Studios, 3-1bd/1ba, and 2-2bd/1ba units. With 3-units delivered vacant and the potential to convert existing studios to Jr. 1-bed or 1-Bed units; a buyer can renovate and rent to achieve a stabilized 9.3% CAP and 12.8% cash on cash return. Market CAP 13.6% and 23.5% cash on cash return. A short walk to Ashby Bart and Berkeley Bowl, don't miss out on this high cash flow asset.
Location
State CA
County Alameda
Interior
Heating Natural Gas
Cooling None
Exterior
Roof Type Composition,Shingle
Building
Lot Description Street Level
Read Less
Bought with OUT OF AREA OUT • OUT OF AREA - NON MEMBER
GET MORE INFORMATION