3210 San Leandro StOakland, CA 94601

This exceptional 8-unit apartment building, located at 3210 San Leandro Street in Oakland, California, presents a compelling investment opportunity. Built in 1918 and situated on a 4,210 square foot lot, this two-story, Class C property boasts a total of 6,405 square feet of rentable space. The asking price is $1,700,000, translating to $212,500 per unit and a price per square foot of $265.42. The property enjoys a strong 6.36% cap rate and a net operating income (NOI) of $108,197. Significant upgrades have been implemented, including a new concrete foundation, on-demand water heaters, separate electrical meters for each unit, and recently renovated bathrooms and kitchens. Currently fully rented with stable tenants, this property benefits from its convenient location near public transportation, shopping, and dining options. The Alameda County property (APN: 033 219301001) offers freeway accessibility and is in a busy location. This owner-user investment is a rare find in the competitive Oakland market. Further details are available upon request.