#41081335, Anthonio Chan, Listing Office: Redfin
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Address not disclosed - MLS#40845547 Oakland, CA 94606
Property details
About This Home
This property is a dynamic cash flow machine, as it generates a true 5% Capitalization Rate on the existing financials and is located in the very desirable Highland Heights Neighborhood less than 5 minutes away from Highland Hospital making for an extremely strong rental demand. The unit mix is outstanding, comprised of 5 very large 2bd/1ba apartments with on-site parking for each unit and the property also has onsite laundry. Two of the units are rented close to market and the other Three are under market, which means there is also upside value in the rents.
Highlights
Summary
- MLS Number: 40845547
- MLS Name: CRMLS
- Office Name: INFINITY INVESTMENTS
- Office Phone: (510) 879-7542
- Office Email: peterson.infinity@gmail.com
- Listing Agent: STEVEN PETERSON
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,100,000
Address not disclosed
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
4
Fred T. Korematsu Discovery Academy
Public District KG-5
0.1 mi
•10315 E St
3
Esperanza Elementary School
Public District KG-5
0.1 mi
•10315 E St
3
Aspire Monarch Academy
Public Charter KG-5
0.5 mi
•1445 101st Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,190. Typical income of Oakland, CA residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
Features: 0 bathroom. It has been listed on Rocket Homes since January 16, 2019 and is currently priced at $1,100,000.
In January 2025 more than 55 listings in Oakland, CA were sold above the asking price. During the same period more than 22 listings were sold at asking price, while more than 42 were sold below. The number of homes for sale in Oakland, CA increased by 13.4% between December and January 2025. In January 2025, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $844,105.