2775 E 21st St Oakland, CA 94601
Listing Courtesy of:  bridgeMLS / The Pinza Group, Inc / David Howarth

  2775 E 21st St Oakland, CA 94601

Active (44 Days)
$1,150,000

Description

Fully remodeled 3-unit investment with high cash flow. The current cap rates 6.87% and the current GRM is 9.95%. The property offers three units consisting of two 3bd/2bth units with large basements and one detached studio unit. Currently, all bedrooms are rented individually to maximize cash flow, however the back detached studio unit will be delivered vacant at closing making a perfect set-up for an owner-occupant. All units have been fully remodeled and offer newer kitchens and bathrooms with stainless steel appliances, new cabinets, new fixtures, custom lightning, newer flooring, newer paint, custom tile work, double pane windows, and more. The property is easy to manage, and the units are separately metered for PG&E providing for low future annual expenses. The property has upgraded electrical and plumbing systems and all known maintenance issues have been addressed resulting in a 100% turn-key property for the next investor. The property is located on a quiet cul-de-sac with mostly single-family homes and high pride of ownership. The property offers a great location for tenants and is close to a variety of restaurants and shopping options with easy access to BART, Downtown Oakland, HWY 580 and HWY 880.

MLS®:
41105459
Lot Size
3,029 SQFT
Type
Multifamily
Year Built
1926
County
Alameda County

Listed By

David Howarth, The Pinza Group, Inc
Source
bridgeMLS
Last checked Sep 1 2025 at 6:57 PM PDT
Bathroom Details
Lot Information
  • Other
Heating and Cooling
  • Other
Flooring
  • Other
Exterior Features
  • Roof: Other
Utility Information
  • Sewer: Public Sewer
Parking
  • Other
Living Area
  • 1,684 sqft
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