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2605 9th Ave
Oakland, CA 94606 Ivy Hill

$2,598,000 USD

Apartments For Sale  •  22,776 SF

Property Details

  • Property Type Apartments
  • Total Building Size 22,776 SF
  • Lot Size 0.18 AC
  • Building Class C
  • Year Built 1964
  • Zoning R50, Oakland
70 Transit Score
70 Walk Score

Highlights

DESPERATE / MUST SELL!!!
COOPERATING WITH ALL BROKERS!!!
$670,000 Below MAI Appraisal
10 BRAND NEW UNITS
Existing Cash on Cash Return 8% Market Cash on Cash Return 10.5%
Existing Gross Rent Multiplier 9.9 Market Gross Rent Multiplier 9.2

Property Flyers

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Tenant Controlled HVAC
  • Heating
  • Oven
  • Tub/Shower
  • Pantry
  • Public Transportation
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
7 min - 2.5 mi
10 min - 5.7 mi
AirportDriveWalkDistance
Metro Oakland International 16 min - 8.7 mi
San Francisco International 36 min - 24.7 mi
Norman Y Mineta San Jose International 52 min - 40.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Covered
Included in Rent: Yes
Frederick Lewis 209-604-9993 American Liberty Investments
Frederick Lewis 209-604-9993 American Liberty Investments