Coming soon on the market be the first to view this wonderful property at 2740 73rd Avenue is a centrally located in the Eastmont neighborhood of Oakland which is just half a block away is the Eastmont Branch Library. With all of the shopping and restaurants in the area tenants enjoy a Walk Score of 81 on WalkScore.com. The subject property contains a commercial storefront with a successful hair salon that benefits from the high traffic count at the corner of 73rd Ave and MacArthur Blvd. The building also contains 1 three bedroom unit, 2 two bedroom units, and 1 unwarranted studio. The units are in good condition and owner has revive this property and has updated all kitchens and bathrooms, updated flooring, recently painted walls, stairs have been replaced with new construction materials, and much more... In 2007 new electrical meters were installed and building service was upgraded to 400 amps with permits. Water, Electrical, and Gas are all separate and tenants pay for their own utilities. Cap rate of approximately 8.8% gross or about 7.8% net which easily make over 7% net income... All information is herein has been obtain from sources deem reliable but is not guarantee.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
