| INCOME PROPERTY FOR SALE: 8 UNITS |
| STATUS: |
Sold - September, 2001 |
| ADDRESS: |
1648 10th Avenue, Oakland, CA 94606
Cross Street: East 17th Street Map Code: 649J5 |
| DESCRIPTION: |
Two modern 4-plexes on one lot east of Lake Merritt with separate meters for PG&E and water. Units have hardwood floors and tiled baths. One of the units is owner occupied and will be delivered vacant. The units are all 1-br/1-ba approximately 650 sq. ft. and are currently rented from $470 to $600.
Five units were delivered vacant at close of escrow; Buyer rented them for $800. |
| MOTIVATION: |
Seller left area. |
| PRICE: |
$545,000 |
| TERMS: |
Seller carried a $50,000 2nd. |
VALUE
INDICATORS: |
GRM: 8.0
Price per unit: $68,125
Price per square foot: $104 |
| ![[photo of property]](../../ListGifs/oak_75b.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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