2451 Seminary Ave, Oakland, CA 94605

24 Unit Apartment Building | $3,000,000 ($125,000/Unit) | 6.85% Cap Rate | Oakland, CA 94605

Asking Price $3,000,000

Property Type
Multifamily
Square Feet
15,450 SF

Listing Contacts

Stephen Pagones
Stephen Pagones
Michael Pagones
Michael Pagones
  • Property Info

Property Overview

Qualified investors are extended the opportunity to acquire 2451 Seminary Avenue located in Oakland, CA. This well-maintained apartment community was built in 1931. The property boasts 3 two-bedroom / one-bathroom, 15 one-bedroom / one-bathroom and 6 Studio units. Each unit is individually metered for gas and electric. Tenants enjoy the convenience of on-site laundry and on-site, secure parking. 2451 Seminary Avenue allows both local and regional investors the opportunity to acquire an investment in a popular market with strong growth potential of both income stream and investment value.
Kindly complete and submit the Disclosure i.o Cover Sheet confirming you and your clients have reviewed the disclosures.
View Disclosures or Submit Offer Here: https://app.disclosures.io/link/2451-Seminary-Avenue-9vfj76b9
OFFERS: Offers will be reviewed upon receipt.

Property Details

Class
C
Year Built
1931
Stories
3
Lot Size (sq. ft)
6,970 SF
Units
24

Highlights

  • (3) Two Bedrooms One Bathroom Units; (15) One Bedroom One Bathroom Units; (6) Studio Units
  • Individually Metered for Gas and Electric
  • On-Site Garage Parking
  • On-Site Laundry (Additional Income)
  • Ample Storage Space
  • Located in an Opportunity Zone; Proximity to Macarthur BART

FAQ

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