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2244 12th Ave
Oakland, CA 94606
Asking Price
$1.38M
Cap Rate
7.81%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 7.81% CAP | 7 Units <ul><li>Presenting a seven-unit apartment building in Oakland's Clinton Neighborhood, a well-established rental pocket in the East Bay.</li><li>The building offers a clean, consistent unit mix of seven two-bedroom, one-bathroom apartments, which keeps operations simple and helps maintain steady occupancy.</li><li>With its mid-century lines, well-kept landscaping, and strong street presence, the property holds its own on the block and continues to draw long-term residents.</li><li>Income is s
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NOI
$80,000
Cap Rate
5.82%
DSCR
0.98
Underwater
Cash-on-Cash
-0.40%
Monthly Payment
$6,802.75
Annual Cash Flow
$-1,632.997
