| INCOME PROPERTY FOR SALE: 18 UNITS |
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| STATUS: |
Sold - April, 2005 |
| ADDRESS: |
235-237 Athol Avenue, Oakland, CA 94606
Cross Street: Wayne Avenue
Map Code: 649J2 |
| DESCRIPTION: |
Two older buildings in Oakland's China Hill district with parking in the rear consisting of studio and one-bedroom apartments. |
| MOTIVATION: |
Family-owned portfolio sale consisting of eight properties totaling 144 units. Family built this property in the '70s. Seller traded into leased investments in and out of California. One buyer group bought all eight buildings. |
| PRICE: |
$15,200,000 total price for eight buildings.
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