1947 E. 22nd St., Oakland, CA 94606 - 40845547 - iPro Real Estate
iPro Real Estate

iPro Real Estate

1947 E. 22nd St.
Oakland, CA 94606

Active, Multi-Family/Income Sale

For Sale

$1,100,000

Free Professional CMA

Listing ID : 40845547

  • Garage

    58866
  • Year

    1964

Description

This property is a dynamic cash flow machine, as it generates a true 5% Capitalization Rate on the existing financials and is located in the very desirable Highland Heights Neighborhood less than 5 minutes away from Highland Hospital making for an extremely strong rental demand. The unit mix is outstanding, comprised of 5 very large 2bd/1ba apartments with on-site parking for each unit and the property also has onsite laundry. Two of the units are rented close to market and the other Three are under marke

Details

Type: Multi-Family/Income Sale 
County: Alameda 
Tax ID: 2129032
Net Operating Income: $58,866 
Days on Market: 1,478 
Number of Units: 5 
Property Type: Residential Income 
Sub Type: Multi Family 

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Interactive

37.79147 -122.234726 $1,100,000 40845547
1947 E. 22nd St., Oakland, CA 94606
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Area Information 94606

Population:

39,783 Up .1% since 2010
Average Income:
$69,185
Average Age:
37Years
Gender:
49.28%Male
50.72%Female
Households:
16,14225.83% with children
Average Value:
$867,465
Occupancy:
19.55%Owned
80.45%Rented
8.24%Vacant
Education:
16.44%High School
5.95%Associate
18.06%Bachelor
11.37%Graduate
Average Residency:
19Years
Crime Rate:
Above Average
Annual Rainfall:
21.51Inches
Earthquake Risk:
Very High
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Very Low

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Listed by STEVEN PETERSON with INFINITY INVESTMENTS