1718 6th Ave

Oakland, CA 94606
$845,000
Courtesy of The Pinza Group, Inc

Description

www.pinzaoaklandportfolio.com; 1718 6th Ave is a distinguished fourplex in Oakland's sought-after Clinton neighborhood. The property offers four 1bd/1bth units approx. 650 SF each. Its strategic location near the Lake Merritt BART station positions it as an attractive option for commuters. The current rental rates, set at approximately 50% below market, unveil a substantial opportunity for significant rental upside upon turnover, capital improvement pass-throughs, or tenant buy-outs. One unit, set to be delivered vacant, presents a perfect opportunity for both new investors aiming for owner occupancy through a low downpayment loan and seasoned investors looking to capitalize on market-rate rents. 11.47 GRM; 8.80 Market GRM Email agent on property website for more info.

  • Property Details
    • Measurements
      • Acres:0.0861
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1955
  • Community and Neighborhood Details
    • Location
      • County:Alameda
  • Financial Details
    • Pricing Details
      • Original List Price:$845, 000
  • Other
    • Source
      • MLS #:41069741

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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