$995,000
350 Jayne Ave Oakland, CA 94610
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Listed by Steven Pinza • The Pinza Group, Inc
$995,000
Est. payment /mo
2,884 SqFt
UPDATED:
08/21/2024 03:53 PM
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,884 sqft
Price per Sqft $345
MLS Listing ID 41069745
HOA Y/N No
Originating Board Bridge AOR
Year Built 1919
Lot Size 6,500 Sqft
Property Description
www.pinzaoaklandportfolio.com; The Pinza Group is pleased to present 348-352 Jayne Ave, a distinguished five-unit property in Oakland's sought-after Adams Point neighborhood. This property features one studio and four 1-bedroom/1-bathroom units, each 570 SF, with current rental rates approximately 40% below market, offering substantial potential for significant rental upside upon turnover, capital improvement pass-throughs, or tenant buy-outs. The vacant one-bedroom unit is ideal for new investors seeking owner occupancy through a low downpayment loan or seasoned investors aiming to capitalize on market-rate rents. Situated on a large 6,500 SF lot, the building offers a 1:1 off-street parking ratio and ample storage space. Located BART Station and 580, this property offers optimal accessibility. Email agent on property website for more info. 14.26 GRM; 8.48 Market GRM
Location
State CA
County Alameda
Interior
Heating Other
Cooling Other
Flooring Other
Fireplace No
Exterior
Parking Type Other
Building
Lot Description Other
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