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1661 Fruitvale Ave
Oakland, CA 94601
Asking Price
$970K
Cap Rate
7.45%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 6 Units | $161,667/unit <ul><li>List price $970,000 | 6 units | $161,667/unit | $204/SF</li><li>Separately metered gas & electric | four private garages</li><li>Mix of (3) 1x1 + (3) 2x1 | 1BR conversion potential</li><li>Fruitvale BART ~0.6 mi | AC Transit hub at Fruitvale Ave & MacArthur</li><li>Convenient access to I-580 and I-880</li><li>Adjacent to Josie de la Cruz Park | Dimond & Laurel retail corridors</li><li>GRM :8.15 </li></ul>
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NOI
$80,000
Cap Rate
8.25%
DSCR
1.39
Strong
Cash-on-Cash
7.70%
Monthly Payment
$4,799.031
Annual Cash Flow
$22,411.631
