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Local Realty Service Provided By: Coldwell Banker Gay Dales, Inc., Realtors

791 Alcatraz, 
Oakland, CA 94609

$835,000

3

Beds

3

Baths

3,624

Sq Ft

Multi-Family

Sold

Listed by

Blake W Martini

Martini Company Real Estate

MLS#

41032451

Source:

CABCREIS

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About This Home

791 Alcatraz

Amazing value-add opportunity in North Oakland! A fourplex in the front and a triplex in the back. Property includes 2-Studios, 3-1bd/1ba, and 2-2bd/1ba units. With 3-units delivered vacant and the potential to convert existing studios to Jr. 1-bed or 1-Bed units; a buyer can renovate and rent to achieve a stabilized 9.3% CAP and 12.8% cash on cash return. Market CAP 13.6% and 23.5% cash on cash return. A short walk to Ashby Bart and Berkeley Bowl, don't miss out on this high cash flow asset.

Home Facts

Multi-Family

3 Baths

3 Bedrooms

Built in 1918

Price Summary

995,000

$274 per Sq. Ft.

MLS #:

41032451

Sold:

January 29, 2024

Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

3,624 Sq. Ft.

Structure

Structure

Building Area:

3,624 Sq. Ft.

Year Built:

1918

Lot

Lot Size (Sq. Ft):

4,159

Finances & Disclosures

Finances

Price:

$995,000

Price per Sq. Ft:

$274 per Sq. Ft.

Source:CABCREIS
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