$795,000
Qualified investors are extended the opportunity to acquire 3314 Farnam Street located in Oakland, CA. This well-maintained apartment community of 4 units was built in 1923 and includes 1 large two bedroom / two bathroom unit and 3 two bedroom one bathroom units. Each unit is individually metered for gas and electric. Tenants enjoy secure gated access and a common area backyard. 3314 Farnam offers investors the opportunity to increase cash flow through potential conversion of the 3 storage units into ADU's, capital expenditure pass throughs and rent increases. Buyer shall be responsible for verifying unit determination.
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Listed by Stephen Pagones with Oak Tree Property Group (510) 255-2248
Property Type
Quadruplex
Status
Active
MLS Number
41108659
Year Built
1923
Lot Size
3,999 sq ft