28-unit multifamily property with an efficient unit mix of 16 studios and 12 one-bedroom/one-bathroom units.
Extensively renovated asset featuring remodeled interiors, upgraded electrical subpanels, plumbing and roof improvements, seismic upgrades, a new water heater, and a solar water heating system.
Immediate cash flow with additional upside through below-market rents and continued rental growth.
Prime Fruitvale location minutes from Fruitvale BART, International Boulevard, Interstate 580, and Interstate 880, providing convenient access throughout the Bay Area.
Strong rental demand driven by proximity to Downtown Oakland, Jack London Square, Alameda, San Francisco, and numerous neighborhood retail and dining amenities.
Well-maintained investment opportunity with significant completed capital improvements, reducing near-term capital expenditure requirements for new ownership.