Temescal | Multi-Unit Compound | 6% Cap Rate
Temescal | Multi-Unit Compound | 6% Cap Rate
Coming Soon
$1,545,000
6beds
6full 1halfbaths
3,000sqft
6,600sf lot
Overview

To access rent roll, P&L and complete marketing package click here: http://bit.ly/3872shafter

This multi-unit compound is an investor’s dream! Three separate buildings on one massive lot, the main house, a beautiful craftsman, consists of two 1/1s and a renovated 2/1.5 owner’s unit, perfectly blending charming original details like built-ins and wainscoting with practical upgrades like plumbing and electrical. Natural light pours through triple-pane windows into the living room, formal dining room with tiled fireplace and updated kitchen with pantry and utility room. Hardwood floors lead to a spacious balcony in back, overlooking a garden and two adjacent 2-story buildings--a 2-bed, 2-bath cottage and standalone studio. Tenants enjoy remote-controlled gated entry, four off-street parking spaces and a garage as well as in-unit laundry hookups and shared coin-ops. A block from 40th and Broadway in thriving Temescal the 6,600 Sq-Ft lot is close to many restaurants and shops and a short walk to BART. With an above 6% cap rate, this rare investment opportunity won’t last long!

Features
  • High Ceilings
  • Large Kitchen
  • Large Lot
  • Gated Community
  • Hardwood Floors
  • Oversized Windows
  • Open Floor Plan
  • Quiet and Private
  • Shopping Nearby
  • Stainless Steel Appliances

Jatin Mehta

Multi-Family Specialist
Kite Hill Real Estate
510-878-6800
LIC#02045713
Address

3872 Shafter Ave
Oakland, CA 94609

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