| INCOME PROPERTY FOR SALE: 14 UNITS |
| STATUS: |
Sold - January, 1999 |
| ADDRESS: |
3267 Hollis Street, Oakland, CA 94608
Cross Street: 34th St. Map Code: 629F1 |
| DESCRIPTION: |
Older apartment building in West Oakland just two blocks from the Emeryville border and the Home Depot Shopping Center. The area is mixed between industrial/commercial, residential and live/work. Subject property is zoned C-10. Consists of 13 studios renting from $395 to $500 and one 1br/1ba at $600.
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| MOTIVATION: |
Seller exchanged into several smaller properties in Northern California. |
| PRICE: |
$410,000 |
| TERMS: |
25% down, new 1st loan. |
VALUE
INDICATORS: |
GRM: 5.1
Cap Rate: 11.2
Price per unit: $29,285
Price per square foot: $56
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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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