Laurel Apartments
$1,800,000
3810 Redding St. Oakland, CA 94619
1,800,000
Price
$300,000
Price Per Unit
7.11
Market Cap Rate
6
Number of Units
5.99
Current Cap Rate
1966
Year Built

Highlights
  • Discover the gem of the Laurel District at 3810 Redding Street, a meticulously maintained 6-unit building boasting a mix of 4 generous two-bedroom units and 2 expansive three-bedroom units updated throughout which include new flooring, granite countertops, tile, dishwashers, and dual pane windows. Enjoy the convenience of carport parking and on-site laundry facilities, with the added bonus of income potential through rent increases and turnover.
  • This sale is subject to assumption of existing financing at a BELOW MARKET RATE of 4.27%* - Contact us for more info.
  • Two apartments can be delivered vacant !!!
Location Highlights
  • The Laurel District is a diverse residential and commercial neighborhood in Oakland, California. encompassing the blocks northeast of Interstate 580 between High Street and 35th Avenue. It lies at an elevation of 226 feet (69 m), and is bordered by the Redwood Heights neighborhood to the east, the Dimond District to the north. At the heart of the neighborhood lies a bustling shopping area with annual festivals and many local shops.
  • REQUEST THE OFFERING MEMORANDUM - TED BOORAS, CCIM - 925-322-1474
FOR MORE DETAILS CONTACT
Ted Booras, CCIM
Multifamily Specialist
(925) 322-1474
tbooras@aptgrp.com
Lic: CA. 01147469
Jim Hitcher
Multifamily Specialist
(925) 785-8364
jimh@aptgrp.com
Lic: CA. 01069191