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$995,000

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6,499 Sqft Lot

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350 Jayne Ave Oakland, CA 94610

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Jerry And Rachel Team Hsieh

jerryandrachelteam@gmail.com +1(424) 242-8856

UPDATED:

09/30/2024 06:36 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41069745

HOA Y/N No

Year Built 1919

Lot Size 6,499 Sqft

Property 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

Location

State CA

County Alameda

Interior

Heating See Remarks

Cooling See Remarks

Fireplace No

Exterior

Total Parking Spaces 5

Building

Water Other

Listed by Steven Pinza • The Pinza Group, Inc

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Jerry And Rachel Team Hsieh

Owner/Director of Sales | License ID: 01701809

+1(424) 242-8856

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Jerry And Rachel Team Hsieh

350 Jayne Ave Oakland, CA 94610

Jerry And Rachel Team Hsieh

Key Details

Location

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Exterior

Building

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350 Jayne Ave