Property Details
About this Property
www.3617sanleandrost.com; 4-unit mixed-use investment with excellent income upside and a variety of repositioning options. The current cap rate is 6.17% and the current GRM is 11.35 The offering includes a packaged sale of 3617 San Leandro St and 916 36th Ave in Oakland. 3617 San Leandro St is zoned for a light industrial and features one 2bd/1bth unit, one 1bd/1bth unit, a small retail space, and a large warehouse. The warehouse is connected to 916 36th Ave which is a tenant-occupied 2bd/1bth single-family home. The combined rental area for both buildings is 4,125 square feet with an approximate combined lot size of 11,350 square feet. The property is easy to manage and is separately metered for PG&E, with past tenants paying all water and garbage expense, providing for low future annual operating expenses. The entire property may be able to be delivered vacant with the exception of possibly one unit at 3671 San Leandro St. making this an ideal investment for an owner-user, investor, or extended family.
MLS Listing Information
MLS #
EB41071137
MLS Source
Bridge MLS
Days on Site
83
Interior Features
Appliances
Other
Flooring
Other
Cooling
Other
Heating
Other
Exterior Features
Roof
Other
Parking, School, and Other Information
Garage/Parking
Other, Garage: Car(s)
Sewer
Public Sewer
Water
Public
Complex Amenities
Other
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
3617 San Leandro is a Residential Income in Oakland, CA 94601-3445. This 4,125 square foot property sits on a 0.26 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,175,000 and was built in 1933. This address can also be written as 3617 San Leandro, Oakland, CA 94601-3445.
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This listing information is up-to-date as of September 20, 2024. For the most current information, please contact David Howarth, (510) 822-1331
