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Multifamily

2333 Humboldt Ave

2333 Humboldt Ave, Oakland, CA 94601

Listing Price: $1,495,000

Cap Rate
3.32%
Number of Units
5
Occupancy
80.0%
Price/Unit
$299,000
Price/Gross SF
$318.56
Gross SF
4,693

Investment Overview

2333 Humboldt Avenue is a five-unit asset in the Fruitvale district of Oakland, California. Situated on a parcel of land totaling 4,750 square feet, the subject property features a gross building area of approximately 4,693 square feet. 2333 Humboldt Avenue is well-positioned in the heart of one of the Bay Area's most dynamic and desirable locations. With historic neighborhoods, diverse cultural attractions, vibrant entertainment, shopping, and nightlife, Oakland is an exciting destination for business or pleasure. The subject property also offers renters close proximity to many of the nation's top tech employers including Pandora, Square, Blueshield, PG&E, Kaiser, and a short trip to San Francisco for Salesforce, Adobe, Levis, StubHub, Uber, Lyft, Twitter, LinkedIn, as well as many others. The investment appeal of this asset is driven by the San Francisco Bay Area's strong employment fundamentals and low vacancy levels. 2333 Humboldt Avenue presents an attractive choice for Oakland renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

Investment Highlights

  • Owner Unit Three-Bedroom/Two-Bath to be Vacant at Close of Escrow
  • Off-Street Parking with Garage for Storage and Coin-Operated Laundry to Add Additional Income
  • Lots of Upside in Rents for New Investor to Maximize Potential Income

Exclusively Listed By

Multifamily

2333 Humboldt Ave

Listing Price: $1,495,000

Cap Rate
3.32%
Number of Units
5
Occupancy
80.0%
Price/Unit
$299,000
Price/Gross SF
$318.56
Gross SF
4,693

Investment Highlights

  • Owner Unit Three-Bedroom/Two-Bath to be Vacant at Close of Escrow
  • Off-Street Parking with Garage for Storage and Coin-Operated Laundry to Add Additional Income
  • Lots of Upside in Rents for New Investor to Maximize Potential Income

Investment Overview

2333 Humboldt Avenue is a five-unit asset in the Fruitvale district of Oakland, California. Situated on a parcel of land totaling 4,750 square feet, the subject property features a gross building area of approximately 4,693 square feet. 2333 Humboldt Avenue is well-positioned in the heart of one of the Bay Area's most dynamic and desirable locations. With historic neighborhoods, diverse cultural attractions, vibrant entertainment, shopping, and nightlife, Oakland is an exciting destination for business or pleasure. The subject property also offers renters close proximity to many of the nation's top tech employers including Pandora, Square, Blueshield, PG&E, Kaiser, and a short trip to San Francisco for Salesforce, Adobe, Levis, StubHub, Uber, Lyft, Twitter, LinkedIn, as well as many others. The investment appeal of this asset is driven by the San Francisco Bay Area's strong employment fundamentals and low vacancy levels. 2333 Humboldt Avenue presents an attractive choice for Oakland renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

Exclusively Listed By

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