Multifamily
316 12th St, Oakland
316 12th St, Oakland, CA 94607
Listing Price: $800,000
Cap Rate
8.83%
GRM
0.75
Investment Overview
Rare Downtown Oakland opportunity to acquire a newly redeveloped mixed-use REO asset at a fraction of its value, offering immediate equity and modern, tenant-ready amenities.
Investment Highlights
- Priced at a Steal: Assessed at $20M, offered at just $8M—40 cents on the dollar.
- Flexible Financing: Potential for 100% seller carry financing for minimal equity investment.
- Modern Living Spaces: Freshly upgraded units with stainless steel appliances, in-unit laundry, central HVAC, and desirable 1–3 bedroom layouts.
Exclusively Listed By
Investment Highlights
- Priced at a Steal: Assessed at $20M, offered at just $8M—40 cents on the dollar.
- Flexible Financing: Potential for 100% seller carry financing for minimal equity investment.
- Modern Living Spaces: Freshly upgraded units with stainless steel appliances, in-unit laundry, central HVAC, and desirable 1–3 bedroom layouts.
Investment Overview
Rare Downtown Oakland opportunity to acquire a newly redeveloped mixed-use REO asset at a fraction of its value, offering immediate equity and modern, tenant-ready amenities.
Exclusively Listed By