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Multifamily

4160 Masterson Street

4160 Masterson St, Oakland, CA 94619

Listing Price: $750,000

Cap Rate
5.05%
Number of Units
3
GRM
12.23
Occupancy
97.0%
Price/Unit
$250,000
Price/Gross SF
$319.56
Gross SF
2,347

Investment Overview

Marcus and Millichap is pleased to offer an investor the opportunity to purchase a three unit apartment building located in the Upper Laurel District of Oakland. The property, 4160 Masterson Street, was built in 1943 and sits in the middle of the block between 39th Avenue and Maybelle Avenue. The building has one spacious one (1) bedroom, one (1) bathroom unit, and two large (2) two bedroom, one (1) bathroom units.

This unique property features a semi detached single family home in the back of the property and two units that face the street. The semi detached home has dedicated yard in the back of the property and also shares a courtyard with the other two units. The two street facing units each have a dedicated garage space, as well as a space in front of the garage for a total of four (4) parking spaces. Both bottom units also have a washer and dryer. Each unit is tenant occupied and all units pay for their own PGE and water.

Marcus and Millichap is pleased to present for sale 1321-127 Powell Street , a fantastic property located in heart of Oakland.

Investment Highlights

  • Three Unit Apartment Building
  • Four Car Parking
  • Low Expense Property
  • Semi detached single family home

Exclusively Listed By

Multifamily

4160 Masterson Street

Listing Price: $750,000

Cap Rate
5.05%
Number of Units
3
GRM
12.23
Occupancy
97.0%
Price/Unit
$250,000
Price/Gross SF
$319.56
Gross SF
2,347

Investment Highlights

  • Three Unit Apartment Building
  • Four Car Parking
  • Low Expense Property
  • Semi detached single family home

Investment Overview

Marcus and Millichap is pleased to offer an investor the opportunity to purchase a three unit apartment building located in the Upper Laurel District of Oakland. The property, 4160 Masterson Street, was built in 1943 and sits in the middle of the block between 39th Avenue and Maybelle Avenue. The building has one spacious one (1) bedroom, one (1) bathroom unit, and two large (2) two bedroom, one (1) bathroom units. This unique property features a semi detached single family home in the back of the property and two units that face the street. The semi detached home has dedicated yard in the back of the property and also shares a courtyard with the other two units. The two street facing units each have a dedicated garage space, as well as a space in front of the garage for a total of four (4) parking spaces. Both bottom units also have a washer and dryer. Each unit is tenant occupied and all units pay for their own PGE and water. Marcus and Millichap is pleased to present for sale 1321-127 Powell Street , a fantastic property located in heart of Oakland.

Exclusively Listed By

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