$1,199,000 $6,436 est/mo Sourced by Back At You

8801 International Blvd,Oakland, CA 94621

Oakland CA, 94621

Share with a friend

Description

Qualified Opportunity Zone. Cash cow mixed-use investment offering 6,444 square feet of rental space with a market cap rate of 9.55% located in a busy commercial district with excellent car and foot traffic. The property is split into three levels with many repositioning options. The lower level offers a large open space along with a 2bd apartment. The middle level and upper level offer numerous units along with an office space that’s open to the lower level. The property is easy to manage with little to no maintenance resulting in low annual operating expenses. This is a perfect opportunity for an owner-user who wants a blank canvas to customize or an investor looking to reposition the property with high market rents.

Details

MLS#40995751
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1920
Days On Site721
Listing Provided ByThe Pinza Group, Inc 510-725-4775 | David Howarth

Features

ZoningMix
Acreage0.09

Market Activity 94621

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

Request a showing

Request a showing

Loading Form
Listings Checked: 4 minutes ago
StateCA
CountyAlameda
CityOakland
Zip Code94621
Listing VS Median (in 94621)
Price:
$1,199,000
low | high
Med:
$524,500
100% of Average
On Site:
721
low | high
Med:
46.000000
100% of Average
Sourced by Back At You
Listing Updated: March 18, 2024 at 7:26:54 PM PDT