905 E 11th St
Oakland, CA 94606
0.11 acres | #41070068
Description
www.pinzaoaklandportfolio.com; The Pinza Group is pleased to present 905 E 11th St, a distinguished Victorian building in Oakland's sought-after East Peralta neighborhood. This property offers seven units comprised of six studios and one 1bd/1bth unit. The current rental rates are set at approximately 40% below market, unveiling a substantial opportunity for significant rental upside upon turnover, capital improvement pass-throughs, or tenant buy-outs. With its clear potential for growth, this property stands as an excellent investment avenue suitable for both established investors and new investors looking to enter the market at a low basis. Current GRM 9.87; Market GRM 6.43; Email agent on property website for more info.
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- Original List Price$975,000
- MLS #41070068
- MLS #41070068
- CountyAlameda
- Acres0.1148
- Cost975000
- Utility SourceOther
- Year Built1896
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Steven Pinza (#BMLS-R01867691)
Listing Office: The Pinza Group, Inc (#BMLS-OBPINZA)
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