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Listing 37 out of 500
$2,495,000 For Sale

2282 Park Blvd
Oakland, CA 94606

9 units | Multi Family Home
5227 sq ft lot - MLS# 40878820
Property Photo
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Description

The subject property is a nine unit property located at 2282 Park Boulevard; Oakland, CA--Ivy Hill in Oakland. it consists of eight one-bedroom/one-bathroom units and one studio unit. All units are legal and conforming units. There are two entryways in the front and rear of the building. there is also covered and secured parking via five garage spaces on-site.' Amenities include on-site laundry and exclusive individual storage units. The property also has separate hot water heaters and separate water lines for most of the units. Located minutes away from Lake Merritt and Downtown Oakland and the notorious Jack London Square this is an irreplaceable location.

Features

  • Property Type: Multi Family Home
  • Sub Type: Apt Complex
  • Listing Status: Active
  • County/Area: Alameda County
  • Zip Code: 94606
  • Year Built: 1949
  • Age: 70
  • Subdivision/Neighborhood: Ivy Hill
  • Sq.Ft.: 6,375 sq ft
  • Units: 9 units
  • # of Parking Spaces: 5
  • Lot Size: 5227 sq ft lot
  • Annual Gross Sched Inc: 163260
  • Annual License Exp: 2570
  • Annual Maint Exp: 3600
  • Annual Rent Inc: 163260
  • Annual Taxes: 22282
  • Annual Util Exp: 867
  • Apx Lot Sq Ft: 5200
  • Cap Rate: 4.7
  • Exterior: Stucco
  • Gross Income: $163,260
  • Gross Oper Actual Inc: 163260
  • Heating: Other Heat
  • Laundry: In Laundry Room
  • Lot Description: Regular
  • Net Oper Income: $117,321
  • On-Site Parking Desc: Space Per Unit - 1, Other
  • Operating Expenses: Accounting/Legal, Insurance, License/Ads, Maintenance/Repair, Miscellaneous/Other, Property Tax/Assessments, Trash Removal, Utilities, Vacancy Factor, Water
  • Other Ann Exp: 7298
  • Separate Meters: Electric, Gas
  • Tot Ann Oper Exp: 43991
  • Unit # 1 # Of Bathrooms: 1
  • Unit # 1 # Of Bedrooms: St
  • Unit # 1 Parking Spaces: 1
  • Unit 1 # Units This Type?: 1
  • Unit 2 # Units This Type?: 8
  • Water/Sewer: Sewer System - Public, Water - Public
Courtesy of Compass, Michele Manzone

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Parisa Samimi

Parisa Samimi
Broker Associate | Top Producer

Golden Gate Sotheby's International Realty
Berkeley, CA 94707

(510) 410-4050
Contact Me

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Parisa Samimi 
Broker Associate
Lic# 01858122

510.410.4050 | Contact Me
1995 El Dorado Avenue - Berkeley, CA 94707
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