Incredible Cash Flow on Day One! Amazing Owner Move-in to own an Updated Victorian, with a total of 7 bedrooms. 4 bedroom home with a 1 bedroom and 2 bedroom (Recently updated) downstairs apartments. All units will be delivered vacant. Annual Gross Rent is $99,420. This is a 8.9 Gross Rent Multiplier! With all expenses (including a 2% Vacancy) Net Income is $70,318. CAP rate is 7.9%
Sold for $880,000 on 04/15/24
$880,000
778 20th St, Oakland, CA 94612
--beds
--baths
2,436sqft
Multi Family, Triplex
Built in 1889
-- sqft lot
$833,900 Zestimate®
$361/sqft
$2,531 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: April 16, 2024 at 03:02am
Listed by:
John Caronna DRE #01898437 415-531-5225,
Coldwell Banker
Bought with:
Patricia Ulip, DRE #01949834
Redfin
Source: CCAR,MLS#: 41044964
Facts & features
Interior
Heating
- Forced Air
Cooling
- No Air Conditioning
Appliances
- Included: Dryer, Washer
Features
- Flooring: Hardwood, Laminate
- Has fireplace: No
Interior area
- Total structure area: 2,436
- Total interior livable area: 2,436 sqft
Property
Parking
- Parking features: None
Features
- Fencing: Fenced,Front Yard
Lot
- Size: 2,178 sqft
- Features: Back Yard
Details
- Parcel number: 33523
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Triplex
- Attached to another structure: Yes
Materials
- Frame
- Roof: Unknown
Condition
- Year built: 1889
Utilities & green energy
- Utilities for property: Internet Available, Individual Electric Meter, Individual Gas Meter
Community & neighborhood
Location
- Region: Oakland
HOA & financial
Other financial information
- Total actual rent: 3695
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$833,900