$1,100,000
Marcus & Millichap is pleased to present 8117 Ney Ave, a wellmaintained 4unit multifamily property located in Oaklands Eastmont Hills neighborhood. Built in 1947, the property totals approximately 3,277 SF on a 0.22acre lot and is 100% occupied. The unit mix consists of spacious 2 and 3bedroom units with individually metered gas and electric, mastermetered water, and gated driveway parking for 4 vehicles. Inplace rents are approximately below market, offering upside potential through future rent growth. Conveniently located near MacArthur Blvd, Eastmont Town Center, public transit, and with easy access to I580 and I880. A solid investment opportunity with stable income in an established East Oakland rental area.
Listed by Eymon Binesh with Marcus & Millichap (650) 391-1700
Property Type
Quadruplex
Status
Active
MLS Number
ML82045268
Year Built
1947
Lot Size
9,749 sq ft
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