For Sale
$1,700,000

3210 San Leandro St Oakland, CA 94601

Prime Oakland multifamily investment. High NOI.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
135
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.

Highlights

  • High-traffic location with excellent visibility.
  • Convenient freeway access for easy commuting.
  • Equipped with brand-new, on-demand water heaters.
  • Features a newly poured concrete foundation.
  • Individual electrical meters for each unit.
  • Updated bathrooms and kitchens with recent renovations.

Property Details for 3210 San Leandro St

Property type
Apartment buildings
Square Feet
6,405 SF
Class
C
Year Built
1918
Buildings
1
Stories
2
Units
8

Location Insight

City
Oakland
County
Alameda
State
California
Latitude
37.775224647771
Longitude
-122.22663024401

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FAQs

What type of property is this?
Apartment building - Prime Oakland multifamily investment. High NOI.
Where is the apartment building located?
The property is located at 3210 San Leandro St Oakland, CA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: High-traffic location with excellent visibility.; Convenient freeway access for easy commuting.; Equipped with brand-new, on-demand water heaters.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
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Contacts

Guy Carson
Guy Carson
Steven Gerry
Steven Gerry
Visit Broker Website

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Useful Information

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San Leandro St
Oakland, CA 94601

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San Leandro St
Oakland, CA 94601

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

3210 San Leandro St
  • Guy Carson
    Guy Carson
  • Steven Gerry
    Steven Gerry
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