DETAILS

• Property type: Single Family Residential Home
• Bedrooms: 2
• Bathrooms: 1
• Square Footage: 1079
• HVAC: 20 years+
• Occupancy: Occupied
• Roof: 10 years+
• Windows: Original, 20 years
• Water Heater: Has minor issues
• Floor: Wooden, Kitchen has tiles
• Parking: Driveway 3 spaces
• NO HOA
• Features: Front porch and outdoor area.

**ALREADY GENERATING INCOME!! The property currently has a GREAT TENANT who is paying $2000/month, TAKES CARE OF THIS PROPERTY LIKE HIS OWN and willing to sign long term lease.**

COMPS

3306 Vale Ave, Oakland, CA 94619

2 bd | 1 ba | 928 sqft

Sold $630,000 on 09/18/24

2346 E 22nd St, Oakland, CA 94601

3 bd | 1 ba | 1,009 sqft

Sold $540,000 on 09/18/24

1921 E 25th St, Oakland, CA 94606

3 bd | 1 ba | 950 sqft

Sold $620,000 on 06/06/24

RENTAL COMP

3200 Star Ave, Oakland, CA 94619

2 beds | 1 baths | 900 sqft

$2,200/mo

3751 Angelo Ave, Oakland, CA 94619

2 beds | 1 baths | 821 sqft

$2,595/mo

Rent for the area for similar properties is between $2,200-$2,595/mo.

With 75% LTV loan, 30 years at 8% interest you can receive a 34% cash on cash return.