INCOME PROPERTY FOR SALE: 3 UNITS
STATUS: Sold - March, 2001
ADDRESS: 329-331-333 Athol Avenue, Oakland, CA 94606
Cross Street: Newton  Map Code: 649J4
DESCRIPTION: Modern triplex in Oakland's China Hill area. Top floor is a 4-br/2-ba owner's unit over 2,000 sf. Lower level consists of two 2-br/1-ba units about 1,000 sf. Whole building vacant and in serious need of repair. Termite report over $60,000. Needs new roof, paint, decks, remodeling, etc.
MOTIVATION: Probate sale.
PRICE: $839,000
TERMS: all cash
VALUE
INDICATORS:

GRM: n/a
Cap Rate: n/a
Price per unit: $185,000
Price per square foot: $126

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