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1035 8th Ave
Oakland, CA 94606
Asking Price
$400K
Cap Rate
5.13%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 2 Units | $200,000/unit <ul><li>Attractive Unit Mix; 1 (2x1) and 1 (0x1)</li><li>Transit-oriented East Lake Location; 0.5 Miles to Bart, 0.5 Miles to I-880 & 1.0 Miles I-580</li><li>Oakland Bounce Back 8.8% Effective Rent Growth Since Q3 2024</li><li>1.5 Miles to Downtown Oakland, 8.0 Miles to Downtown San Francisco, 0.6 Miles to Lake Merritt</li></ul>
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NOI
$80,000
Cap Rate
20.00%
DSCR
3.37
Strong
Cash-on-Cash
46.88%
Monthly Payment
$1,978.982
Annual Cash Flow
$56,252.219
