Status: AVAILABLE

Price $4,875,000
Units 18
Building Size 12,079 sq ft
Lot Size 9,700 sq ft
Stories 2
Construction Wood Frame
Unit Mix 3 two Bdr, 1 One Bdr, 14 studios
Parking 8
Year Built 1949
APN # 022-0367-022-02

Financial Parameters

GRM 12.52
$/Unit  $270,883
$/Sq. Ft.  $404
$/Room  $121,875
Cap. Rate  5.42%
2912 14th Avenue is an extensively renovated 18 unit building in the up and coming Highland Park neighborhood of Oakland.  The building consists of (14) studios, (1) 1 bedroom, (3) 2 bedrooms and 8 parking spaces.  Twelve of the eighteen units have been remodeled with high end and modern finishes, including floors, appliances, bathrooms, kitchens, and lighting.  The 2 story, 12,079 square foot, wood frame building was built in 1949 and is located across the street from the recently improved Highland Hospital.
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