| INCOME PROPERTY FOR SALE: 4 UNITS |
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| STATUS: |
Sold - February, 2006 |
| ADDRESS: |
694-696 63rd Street Oakland, CA 94609 Cross Street: Shattuck Avenue Map Code: 629-G5 |
| PRICE: |
$870,000 |
VALUE INDICATORS: |
GRM: 15.7 |
| MOTIVATION: |
Seller exchanged into the 43-unit building at 3840 Howe Street near Piedmont Avenue in Oakland. |
| DESCRIPTION: |
Charming 1910 4-plex in North Oakland at the Berkeley border, blocks from the Ashby BART station. First floor is huge 3-br/2-ba flat renting for $1,950 which was totally remodeled. The upstairs consists of three smaller apartments including a front studio renting for $745, and two 1-br/1-ba units renting for $845 and $950. Limited parking in rear.
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