Multifamily

2000 Damuth St

Listing Price: $1,500,000

Cap Rate
4.06%
Number of Units
5
GRM
14.89
Occupancy
98.00%
Price/Unit
$300,000
Price/Gross SF
$299.10
Gross SF
5,015

Investment Overview

Marcus & Millichap is proud to present 2000 Damuth Street, a pride of ownership property consisting of five very spacious units located in the heart of Oakland's Dimond District.

The Dimond District is primarily a quiet, tree-lined residential neighborhood. It also has most everything a neighborhood could ask for, all within walking distance. This neighborhood, which is attracting young professionals and families alike, offers a nice blend of urban and suburban. Within blocks of the property you will find Farmer Joe's Marketplace, great neighborhood coffee shops and a range of great food options. Nearby Dimond Park offers a playground, great hiking trails and even a swimming pool. Within a few blocks is Safeway, a post office and a public library.

Constructed in 1970, this attractive building has a unit mix consisting of three two-bedroom/two-bath units and two two-bedroom/one-bath units, totaling 5,015 square feet. All units have similar floor plans. Most of the units have private balconies and enjoy off-street parking and on-site laundry. All units are separately metered for gas and electricity.

2000 Damuth Street offers an excellent opportunity for an investor to purchase a gorgeous corner building in a solid location with significant potential upside.

Investment Highlights

  • Five Spacious Units - All Two Bedrooms
  • Three Formal Dining Rooms; Two Dining Areas
  • Private Balconies
  • On-Site Balconies
  • On-Site Laundry
  • Five Off-Street Parking Spaces

Exclusively Listed By

Listing Price: $1,500,000

Cap Rate
4.06%
Number of Units
5
GRM
14.89
Occupancy
98.00%
Price/Unit
$300,000
Price/Gross SF
$299.10
Gross SF
5,015

Investment Highlights

  • Five Spacious Units - All Two Bedrooms
  • Three Formal Dining Rooms; Two Dining Areas
  • Private Balconies
  • On-Site Balconies
  • On-Site Laundry
  • Five Off-Street Parking Spaces

Investment Overview

Marcus & Millichap is proud to present 2000 Damuth Street, a pride of ownership property consisting of five very spacious units located in the heart of Oakland's Dimond District.

The Dimond District is primarily a quiet, tree-lined residential neighborhood. It also has most everything a neighborhood could ask for, all within walking distance. This neighborhood, which is attracting young professionals and families alike, offers a nice blend of urban and suburban. Within blocks of the property you will find Farmer Joe's Marketplace, great neighborhood coffee shops and a range of great food options. Nearby Dimond Park offers a playground, great hiking trails and even a swimming pool. Within a few blocks is Safeway, a post office and a public library.

Constructed in 1970, this attractive building has a unit mix consisting of three two-bedroom/two-bath units and two two-bedroom/one-bath units, totaling 5,015 square feet. All units have similar floor plans. Most of the units have private balconies and enjoy off-street parking and on-site laundry. All units are separately metered for gas and electricity.

2000 Damuth Street offers an excellent opportunity for an investor to purchase a gorgeous corner building in a solid location with significant potential upside.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower