| INCOME PROPERTY FOR SALE: 22 UNITS |
| STATUS: |
Sold - May, 1999 |
| ADDRESS: |
3201 Beaumont Avenue, Oakland, CA 94602
Cross Street: E. 32nd Street Map Code: 650B4 |
| DESCRIPTION: |
Older three story building consisting of 15 large studios renting at $450 and 6 1br/1ba units renting at $600. Separately metered. |
| MOTIVATION: |
Note came due. |
| PRICE: |
$735,000 |
| TERMS: |
New 75% 1st loan from F.I.P (Ted Levenson 415-945-5430). Seller carried $50,000 for 5 years at 10%. |
VALUE
INDICATORS: |
GRM: 6.2
Cap Rate: 8.7
Price per unit: $35,000 |
| ![[photo of property]](../../ListGifs/oak_06b.gif) Click photo for enlargement.
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For a complete statement on this property please call or email your request, indicating whether you would like the package sent by mail or fax.
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