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Active 0 days on market

978 75Th Ave

Oakland, CA 94621

$895,000

978 75Th Ave
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+9 more
Beds
Baths
Sq Ft
0.09Acres
1943Built

About This Home

978 75th Ave delivers stabilized income at $895,000. Fully occupied four-unit building — two 3BR/1BA and two 2BR/1BA — with $117,660 in annualized gross income and a proforma NOI of $76,073. Three units on active HACA HAP contracts with ~$8,055/month in combined HAP payments. Separate gas and electric meters for all four units; tenants pay their own utilities. Updated kitchens with quartz countertops and shaker cabinets. New LVP flooring and fresh paint throughout accessible units. Individual Rheem tankless water heaters per unit (2019). Four on-site parking spaces, one per unit. One block from I-880 access; under a mile to Coliseum BART. At $307/SF and $223,750/unit, the numbers work today — and market rents point to 9.5% at turnover.

Property Details

Property TypeQuadruplex
Year Built1943
Lot Size0.09 acres
Parking Total4
HeatingNaturalGas,WallFurnace
PoolNo
MLS #1173243582
Days on Market0 days

Location

Listed by

Joey Wang

Keller Williams Realty

MLS# BMLS-R01890931

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.

978 75Th Ave | Oakland, CA | Leeper Realty Group