745-751 E 11th Street

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745-751 E 11th Street

Oakland, CA 94606
Asking Price
$1.63M
Cap Rate
5.04%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Multifamily | 16 Units | $101,563/unit <ul><li>​Attractive unit mix; 16-studio </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>​Rental upside: avg. $483 ltl for repositioning opportunity</li></ul>

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NOI
$80,000
Cap Rate
4.92%
DSCR
0.83
Underwater
Cash-on-Cash
-3.38%
Monthly Payment
$8,039.613
Annual Cash Flow
$-16,475.36

Location & Travel Times