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    7717 Ney Avenue

    Oakland, CA 94605
    • $999,000
    • STATUS: Active
    • ON SITE: 155 days
    • ID#: MR40922031
    $999,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,130
      SQFT
    • $242
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1965
    County:

    School Ratings & Info

    Description

    Built in 1965 of wood frame construction, flat composition roof, and concrete slab foundation, 7717 Ney Avenue in Oakland, offers four units totaling +/-4,130 gross rentable square feet. The unit mix boasts an impressive and rare mix of (1) three bedroom/two bath and (3) two bedroom one bath units. The offering presents investors with an excellent opportunity to acquire an asset directly in the path of progress for future developments in the immediate area. Strategically, an investor can capture approximately 58% upside on market rents via tenant turnover and unit renovations. Individually metered gas and electric mitigate operating expenses and on-site laundry coupled with the possible addition of an ADU unit would greatly boast income and streamline operations.

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    © 2021 MLSListings Inc. Based on information from MLSListings MLS as of 2021-02-25T23:52:05.543. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate.

    Licensed in the State of California.
    www.dominicnicoli.com/homes/110304004
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    7717 Ney Avenue Oakland, CA 94605

    • Price: $999,000
    • Status: Active
    • ID#: MR40922031
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,130
    SQFT
    $242
    $/SQFT
    1965
    Built
    Neighborhood:
    Oakland Zip Code 94605
    County:
    Alameda
    Area:
    Oakland Zip Code 94605
    Property Description
    Built in 1965 of wood frame construction, flat composition roof, and concrete slab foundation, 7717 Ney Avenue in Oakland, offers four units totaling +/-4,130 gross rentable square feet. The unit mix boasts an impressive and rare mix of (1) three bedroom/two bath and (3) two bedroom one bath units. The offering presents investors with an excellent opportunity to acquire an asset directly in the path of progress for future developments in the immediate area. Strategically, an investor can capture approximately 58% upside on market rents via tenant turnover and unit renovations. Individually metered gas and electric mitigate operating expenses and on-site laundry coupled with the possible addition of an ADU unit would greatly boast income and streamline operations.
    Exterior Features

    Building Type Fourplex Exterior Stucco Garage Parking Gate / Door OpenerGarage Lot Description Regular Roof Tar And Gravel Yard Grounds GardenBack YardDog Run / Kennel

    Interior Features

    Cooling Air Conditioning - None Flooring LaminateCarpet - Wall To Wall Heating Wall Furnace Laundry Coin OperatedIn Laundry Room Structure Sq Ft 4130

    Property Features

    Additional Listing Info Not Applicable City Name Oakland Cross Street Parker Avenue Energy Saving Features Double Pane Windows Hoa Amenities Playground Lot Size Area Maximum 8288.00 Meters Separate ElectricSeparate Gas Property Sub Type Fourplex Sq Ft Source Public Records Water Public

    © 2021 MLSListings Inc. All rights reserved. Listing provided courtesy of Cory Waxman of Colliers Parrish International.


    © 2021 MLSListings Inc. Based on information from MLSListings MLS as of 2021-02-25T23:52:05.543. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate.

    Licensed in the State of California.
     
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