3314 Farnam Street
- Fourplex
- 1 - Two Bedroom Two Bathroom Unit
- 3 - Two Bedroom One Bathroom Units
- Individually Metered for Gas and Electric
- Secure Entrances
- Tenant Common Area
- 3 Storage Units (potential for additional income and/or ADU conversion)
Property Description
Qualified investors are extended the opportunity to acquire 3314 Farnam Street located in Oakland, CA. This well-maintained apartment community of 4 units was built in 1923 and includes 1 large two bedroom / two bathroom unit and 3 two bedroom one bathroom units. Each unit is individually metered for gas and electric. Tenants enjoy secure gated access and a common area backyard. 3314 Farnam offers investors the opportunity to increase cash flow through potential conversion of the 3 storage units into ADU's, capital expenditure pass throughs and rent increases. Buyer shall be responsible for verifying unit determination. Disclosures: https://app.disclosures.io/link/3314-Farnam-Street-pwi5bsm2 Virtual Tour: • Unit 8: https://my.matterport.com/show/?m=bvQCxMFHBCD OFFERS Due: Offers will be reviewed upon receipt. Submit Offers Here: https://app.disclosures.io/link/3314-Farnam-Street-pwi5bsm2
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $795,000 |
| No. of Units: | 4 |
| Year Built: | 1923 |
| Lot Size: | 0.09 Acres |
| Opportunity Zone: | No |
| Price per unit: | $198,750 |
| Property Website | Click Here |
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