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Multifamily

Grande Vista Apartments

2501 Grande Vista Ave, Oakland, CA 94601

Listing Price: $1,325,000

Cap Rate
5.10%
Occupancy
75.0%

Investment Overview

Grande Vista Apartments consists of two meticulously-maintained duplexes on a quiet street with excellent views of the surrounding Bay Area. All four spacious two-bedroom/one-bathroom apartments have abundant natural light, hardwood floors, and in-unit laundry. The owner has made significant recent capital improvements. Two out of four units have been fully remodeled with modern, high-quality finishes. The sewer lateral was replaced and the plumbing has been updated with all new copper and new water heaters. The rear duplex has all new double-pane windows and the exterior was recently repainted. Separate gas and electric meters ensure a low expense ratio. The gorgeous, updated vacant unit is perfect for an owner move-in or rent at full market rate. The property is located in the Meadow Brook neighborhood in Oakland, California. Rated "Very Walkable" by Walk Score, residents have convenient access to cafes, supermarkets, restaurants, and various retailers. Nearby parks include Manzanita Recreation Center and William D. Wood Park. The subject is also 10 minutes to Downtown Oakland and just 20 minutes to San Francisco. This exceptionally convenient location ensures strong rental demand over the long term.

Investment Highlights

  • Two Well-Maintained Duplexes on One Lot: Four Two-Bed/One-Bath Units
  • Located on a Quiet Street with Friendly Neighbors and Excellent Views
  • Vacant Unit Ideal for an Owner Move-In or Rent at Market Rate
  • Two of Four Apartments have been Fully Remodeled with High-Quality Finishes
  • Abundant Natural Light and Hardwood Floors
  • New Sewer Lateral, Plumbing, and Water Heaters
  • Separately Metered for PG&E
  • Amenities: Off-Street Parking, Laundry in Each Unit, and Storage

Exclusively Listed By

Multifamily

Grande Vista Apartments

Listing Price: $1,325,000

Cap Rate
5.10%
Occupancy
75.0%

Investment Highlights

  • Two Well-Maintained Duplexes on One Lot: Four Two-Bed/One-Bath Units
  • Located on a Quiet Street with Friendly Neighbors and Excellent Views
  • Vacant Unit Ideal for an Owner Move-In or Rent at Market Rate
  • Two of Four Apartments have been Fully Remodeled with High-Quality Finishes
  • Abundant Natural Light and Hardwood Floors
  • New Sewer Lateral, Plumbing, and Water Heaters
  • Separately Metered for PG&E
  • Amenities: Off-Street Parking, Laundry in Each Unit, and Storage

Investment Overview

Grande Vista Apartments consists of two meticulously-maintained duplexes on a quiet street with excellent views of the surrounding Bay Area. All four spacious two-bedroom/one-bathroom apartments have abundant natural light, hardwood floors, and in-unit laundry. The owner has made significant recent capital improvements. Two out of four units have been fully remodeled with modern, high-quality finishes. The sewer lateral was replaced and the plumbing has been updated with all new copper and new water heaters. The rear duplex has all new double-pane windows and the exterior was recently repainted. Separate gas and electric meters ensure a low expense ratio. The gorgeous, updated vacant unit is perfect for an owner move-in or rent at full market rate. The property is located in the Meadow Brook neighborhood in Oakland, California. Rated "Very Walkable" by Walk Score, residents have convenient access to cafes, supermarkets, restaurants, and various retailers. Nearby parks include Manzanita Recreation Center and William D. Wood Park. The subject is also 10 minutes to Downtown Oakland and just 20 minutes to San Francisco. This exceptionally convenient location ensures strong rental demand over the long term.

Exclusively Listed By

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