| INCOME PROPERTY FOR SALE: 33 UNITS |
| STATUS: |
Sold - January, 2000 |
| ADDRESS: |
1002 East 23rd Street, Oakland, CA 94606
Cross Street: 10th Ave. Map Code: 650A5 |
| DESCRIPTION: |
Modern apartment building just east of Lake Merritt consisting of three 2brs, sixteen 1brs and fourteen studios. The studios are quite nice and are like junior 1brs. Off-street parking. Modest rents. |
| MOTIVATION: |
Out of country seller |
| PRICE: |
$1,255,000 |
| TERMS: |
75% loan from F.I.P (Ted Levenson 415-945-5430) |
VALUE
INDICATORS: |
GRM: 6.2
Cap Rate: 8.9
Price per unit: $38,030
Price per square foot: $60 |
| ![[photo of property]](../../ListGifs/oak_51b.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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