956 Apgar St, Oakland, CA 94608 | MLS 41046623 | Listing Information | Steven Wang | Baynet Websites Skip to main content
Steven Wang
925-583-3086
SOLD
$925,000
Date 02/06/2024

956 Apgar St
Oakland, CA 94608

Fourplex
Residential Income
4
Beds
2,538
Sq. Ft.
0.14
Acre Lot
Courtesy: Steven Wang - CA Golden Properties
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This 4 unit Multi-Family property is ideal for investors seeking substantial returns. Currently generating actual CAP rate pf 6% with pro forma CAP at 6.5%. With its prime location in Longfellow Neighborhood of Oakland and impressive income, this property promises to be a lucrative addition to any investment portfolio. 1 Unit to be delivered vacant; ideal for owner occupancy in one while collecting market rate rents on 3 other units. 2 of the 4 units have been completely remodeled with new kithchen, remodeled bathrooms, new dual paned windows, and luxury vinyl plank flooring throughout. Exterior is newly painted. New concrete wallway and drlveway and low maintainance front landscaping. Each unit is separately metered for gas and electric utilities makes for lower operating cost for owner. 4 spacious 1 bedroom/1bath units. Large lot with at least 7 off street parking spaces. The backyard has potential for placement of an ADU for additional rental income potential. Property will offer investor potential tax savings as it is located in Opportunity Zone.
41046623
Residential Income - Fourplex, Other
4
1940
Alameda
0.14 Acres
Stucco
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Steven Wang - CA Golden Properties
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