3700 Lincoln AveOakland, CA 94602
- Residential income properties
- 5,610 SF
Property Details for 3700 Lincoln Ave
- Year built
- 1965
- Construction
- WOOD
- Lot size
- 0.17 AC
- Property size (Sq ft)
- 5,610 SF
- Property type
- Residential income properties
- Property subtype
- Other apartment buildings
- APN
- 29-994-27
- APU
- 2999427
Description
This exceptional multi-family investment property is situated on a desirable 0.17-acre lot at 3700 Lincoln Avenue in Oakland, California. Offered at $1,350,000, this property presents a compelling opportunity for investors seeking strong returns in a thriving market. The precise square footage is currently unavailable, however, the substantial lot size suggests significant potential for development or expansion. The property's location in Oakland offers convenient access to a variety of amenities, including public transportation, shopping, dining, and entertainment options. Given the current market conditions and the property's characteristics, this multi-family investment is expected to generate substantial rental income. The property's strong potential for appreciation further enhances its investment appeal. Detailed financial projections and property specifics are available upon request. Serious inquiries only. This is a rare opportunity to acquire a well-positioned multi-family property in a highly sought-after Oakland neighborhood. Don't miss out on this chance to add a valuable asset to your investment portfolio. Act quickly, as properties like this are in high demand. Contact us today to schedule a viewing and explore the possibilities.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,212,897
- 6.5%
- $2,965,751
- 7%
- $2,753,912
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,872,066
- Geo Method
- $2,425,262
-
Alternative Use
- Use
- Valuation
- Residential
- $2,965,751
- Hospitality
- $2,716,612
- Educational
- $2,260,189
- Medical
- $2,337,920
- Retail
- $3,515,850
Location Insight
- City
- Oakland
- County
- Alameda
- State
- California
- Latitude
- 37.8016
- Longitude
- -122.212
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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