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350 Jayne Ave
For Sale $995,000
$995,000
- 5 Units
- Unknown Sq Ft
- 6,500 Sq Ft
- Unknown Cap Rate
Description
www.pinzaoaklandportfolio.com; The Pinza Group is pleased to present 348-352 Jayne Ave, a distinguished five-unit property in Oakland's sought-after Adams Point neighborhood. This property features one studio and four 1-bedroom/1-bathroom units, each 570 SF, with current rental rates approximately 40% below market, offering substantial potential for significant rental upside upon turnover, capital improvement pass-throughs, or tenant buy-outs. The vacant one-bedroom unit is ideal for new investors seeking owner occupancy through a low downpayment loan or seasoned investors aiming to capitalize on market-rate rents. Situated on a large 6,500 SF lot, the building offers a 1:1 off-street parking ratio and ample storage space. Located BART Station and 580, this property offers optimal accessibility. Email agent on property website for more info. 14.26 GRM; 8.48 Market GRM
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $995,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 5 spots |
| Year Built | 1919 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | Unknown |
| MLS # | 41069745 |
| Property ID | 320760608 |
| Lot Sqft | 6,500 |
| Zoning | Unknown |
| Total Units | 5 |
| Days on Market | 105 |
| Original List Price | $995,000 |
| Date Updated | September 30, 2024 |
| Date Created | August 14, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Steven Pinza an agent of . Lic #01867691
© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of September 30, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT