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$1,995,000
2851 West St, Oakland, CA 94608
0 Beds
0 Baths
6,064 SqFt

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The Bos Group is excited to present this exclusive listing at 2815 West St. This investment is a number’s driven investor’s dream. This 8-unit apartment showcases high returns, cash-on-cash, and CAP rate. The property features a unit mix of (6) two-bedroom, one-bath units and (2) one-bedroom, one-bath units. The units have been upgraded throughout the years. The property has a large secured & gated parking lot in the back for additional income & ADU potential. The windows have all been replaced with dual-pane. The property is separately metered for gas & electricity for low overhead expenses. 2815 West St is priced with a strong return of 7.42% on day one and shows cases of a cash-on-cash return of 5.57%. This high cash-flowing property still has some meat left on the bones with around 14% in rental upside. This investment is a great opportunity for investors looking for a stabilized and cash-flow-producing property on day one. The seller prefers to sell 2815 West St together with 8-unit 2915 Dohr St in Berkeley, 94702.
  • Price:
  • $1,995,000
  • Square Footage:
  • 6,064
  • Acreage:
  • 0.12
  • Year Built:
  • 1924
  • Listing ID #:
  • 41010120
  • Street Address:
  • 2851 West St
  • City:
  • Oakland
  • State:
  • California
  • Postal Code:
  • 94608
  • County:
  • Alameda
  • Community:
  • Oakland ZIP Code 94608
  • Listing Status:
  • Active
  • Listing Type:
  • COMM RI MULTI-UNITS 5+
  • Basement Description:
  • Unfinished
  • Building Security:
  • Secured Access
  • Construction Type:
  • Siding - Stucco
  • Flooring:
  • Hardwood
  • Total Building Square Footage:
  • 6064
  • Windows:
  • Double Pane Windows
  • Year Built:
  • 1924
  • Lot Size:
  • 0.12
  • Lot Square Footage:
  • 5600
  • For Sale Or Lease?:
  • For Sale
  • Previous Listing Price:
  • 1995000
  • Price Per Square Foot:
  • 329.00
  • Parking Description:
  • Private, Uncovered Park Spaces 2+
  • Appliances:
  • Dryer, Washer
  • Has Central Air Conditioning:
  • Yes
  • Utilities:
  • Other Water/Sewer, Individual Electric Meter, Individual Gas Meter
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By: Willem Bos with Compass
  • CABRIDGE

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