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2235 Inyo Ave, Oakland, CA 94601
--
bed
--
bath
· 8250
ft2 lot
$1,095,000
Listing provided courtesy of BEN WEIL, COMPASS.
Source CRMLS.
2235 Inyo Avenue consists of 4 three bedroom, one bathroom units, 1 two bedroom, one bathroom unit, and 1 non-conforming studio unit. This is a value-add investment with with over 8.5% cash flow on day one and nearly 40% upside in rents to be obtained. There is also a large basement that runs the length of the building that could provide potential ADU conversion (buyer to do their own research). Finally, an onsite coin-op laundry room and a 7-space parking lot in the rear of the building are opportunities for additional income.
HOA
$—/month
On market
2 months
Year built
1974
Property type
Multi-Family
Parking
MLS
40938733
Price / Sq.Ft.
ft2
Status
Active
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Based on a price of $1,095,000
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Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: Dryer Included
•   
Appliances: Gas Water Heater
•   
Has Appliances
•   
Laundry: 1
Heating & Cooling
•   
Has Heating
•   
Heating Details: Wall Furnace
•   
Cooling Details: See Remarks
Property, Lot, Community & Exterior Features
Lot Info
•   
Lot Features: Corner Lot, Sloped Down
•   
Lot Size Acres: 0.1900
•   
Lot Size Area: 8250.0000
•   
Lot Size Units: Square Feet
Building Info
•   
Roof: Tar/Gravel
•   
Construction Materials: Stucco
Community Info
•   
Total Units: 6
Listing Details, Costs & Financing Information
Financial Info
•   
Tax Annual Amount: 0.00
•   
Other Expense: 0.00
•   
Cap Rate: 5.05
•   
Professional Management Expense: 0.00
•   
Gross Scheduled Income: 90600.00
Lease Info
•   
Net Operating Income: 55252.00
Tax/Assessment Info
•   
Tax Year: 2020
•   
Taxes: 5888.0
Listing Info
•   
Status: Active
School Neighborhood & Directions
Location
•   
Other Subdivision Name: FOOTHILL
•   
Subdivision: FOOTHILL
School Info
•   
Directions: 1 Block South of 23rd Ave Cross Street: E 23rd St.
Other
Calculation
•   
Dom: 7
•   
Cdom: 7
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 20, 2021 10:45pm
Neighborhood snapshot
56
Properties for sale
13
Median days on market
$532.32
Median sold price/sqft
109.03%
Sold/List %
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Property History
02/22/2021
02/22/2021
CRMLS #40938733
active
CRMLS #40938733
$1,095,000
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