| INCOME PROPERTY FOR SALE: 12 UNITS |
| STATUS: |
Sold - February, 1999 |
| ADDRESS: |
7700-7708 Ney Avenue, Oakland, CA 94605
Cross Street: Parker Map Code: 670J2 |
| DESCRIPTION: |
Two 6-plexes, separate lots, in the East Oakland hills above MacArthur Blvd. Very attractive buildings. Unit mix consists of 6-2br/1ba, 4-1br/1ba, 1-3br/1ba unit with a dining room and 1-3br/2ba with a fireplace. All units are very large. Has off-street parking and a laundry.
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| MOTIVATION: |
Seller lives across the Bay. |
| PRICE: |
$475,000 |
| TERMS: |
25% down, new 1st loan with Tamalpais Bank |
VALUE
INDICATORS: |
GRM: 5.2
Cap Rate: 9.7
Price per unit: $39,583
Price per square foot: $42 |
| ![[photo of property]](../../ListGifs/oak_09b.jpg) 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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