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Global Properties

12 bedrooms House in Oakland, USA No. 401044

$ 1 650 000
12 Rooms
12 Bedrooms
Oakland, USA
Parameters
Rooms
12
Bedrooms
12
ID
401044
Address
3607 Maple Ave
Type
House
Property description
4-unit apartment complex with solid current cash flow and excellent rental upside. The current cap rate is 6.65% and the current GRM is 11.12. The property offers an ideal unit mix of one 4bd/2bth unit, one 3bd/2bth unit, one 3bd/1bth unit, and one 2bd/1bth unit. The two best units will be delivered vacant making for a perfect opportunity for an owner-occupant or investor. The property was originally built in 1927, offers approximately 4, 172 square feet of rental space, and sits on a 4, 323 square foot lot with a large center courtyard. All units were completely renovated in 2014 and there is no deferred maintenance creating a turn-key investment for the new owner. All the units offer a modern finish with new hardwood floors, custom molding, granite countertops, stainless steel appliances, upgraded lighting, double pane windows, and new electrical and plumbing systems. Maintenance is low and the property is separately metered for PGandE providing for low annual expenses. This is a perfect opportunity for any investor seeking strong cash flow in one of the most attractive locations in Oakland.
This is an excellent Oakland location in the Dimond district East of HWY580 near countless restaurants, coffee shops, and shopping.

For more details:

Listed by: David Howarth
Features
Features
  • Luxury real estate
Indoor facilities
  • Restaurant
Outdoor features
  • Shop
Statistics Oakland
[:nprice_100:]
Price per m²
N/A
Quality of Life Index
N/A
Cost of living Index
Parameters
[:second_city:]
Oakland
Difference
Monthly Rent Cost
1-Room Apartment
[:nprice_26:]
2-Room Apartment
[:nprice_27:]
Apartment Purchase Price per m²
In the City Center
[:nprice_100:]
Outside the City Center
[:nprice_101:]
Crime Index
N/A
Cost of Living and Rent Index
N/A
Purchasing Power Index
N/A
Property Price to Income Ratio
N/A
Safety Index
N/A
Traffic CO₂ Index
N/A
Traffic Inefficiency Index
N/A
Rent Index
N/A
Health Care Index
N/A
Groceries Index
N/A
Pollution Index
N/A
Traffic Commute Time Index
N/A
Restaurant Price Index
N/A
Climate Index
100
Cost of Living Index
N/A
Quality of Life Index
N/A
Traffic Index
N/A
Restaurants
Meal, Inexpensive Restaurant
$ 5.54
Meal for 2 People, Mid-range Restaurant, Three-course
$ 50.10
McMeal at McDonalds (or Equivalent Combo Meal)
$ 6.42
Domestic Beer (0.5 liter draught)
$ 3.26
Imported Beer (0.33 liter bottle)
$ 5.05
Coke/Pepsi (0.33 liter bottle)
$ 1.12
Water (0.33 liter bottle)
$ 0.91
Cappuccino (regular)
$ 3.45
Markets
Milk (regular), (1 liter)
$ 1.96
Loaf of Fresh White Bread (500g)
$ 2.95
Eggs (regular) (12)
$ 2.38
Local Cheese (1kg)
$ 7.56
Water (1.5 liter bottle)
$ 1.13
Bottle of Wine (Mid-Range)
$ 8.14
Domestic Beer (0.5 liter bottle)
$ 1.64
Imported Beer (0.33 liter bottle)
$ 2.46
Cigarettes 20 Pack (Marlboro)
$ 3.91
Apples (1kg)
$ 4.03
Chicken Fillets (1kg)
$ 8.15
Oranges (1kg)
$ 3.22
Potato (1kg)
$ 1.72
Lettuce (1 head)
$ 0.72
Rice (white), (1kg)
$ 1.61
Tomato (1kg)
$ 1.61
Banana (1kg)
$ 1.76
Onion (1kg)
$ 1.74
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 10.31
Transportation
Gasoline (1 liter)
$ 1.02
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 19 565
Taxi Start (Normal Tariff)
$ 4.63
Taxi 1km (Normal Tariff)
$ 1.08
Taxi 1hour Waiting (Normal Tariff)
$ 15.65
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 21 087
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 49.24
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 46.44
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 30.73
Salaries And Financing
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
9%
Sports And Leisure
Cinema, International Release, 1 Seat
$ 6.52
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 46.74
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 50.87
1 Pair of Nike Running Shoes (Mid-Range)
$ 101
1 Pair of Men Leather Business Shoes
$ 85.51
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 259
International Primary School, Yearly for 1 Child
$ 6 186
Realtyww Info
Realtyww Info
Contact seller
Realtyww Info
Realtyww Info
Contact seller