1165 71st Ave
Oakland, CA 94621

  • 12 beds
  • – baths
  • 3,696 sqft
  • 5,000 sqft lot
  • $251 per sqft
  • 1965 build
  • on site

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PROPERTY HIGHLIGHTS • UNDER MARKET PRICING: Listed at a 6.50% CAP, under Redfin’s market price projection of $994,367 – great value • Very Strong unit mix featuring (4) spacious 3BR/1BA units • Strong rent roll with an in-place 6.50% CAP Rate / 10.69 GRM • Huge upside with a market 12.72% CAP Rate / 6.41 GRM • Off-street 1:1 gated parking • Great opportunity for a buyer to remodel units and pick their own tenants creating a great cash flowing asset Location Overview • Walk Score 82 (Very Walkable) • Strong Coliseum location – short walk to local retailers on International Blvd • 0.5 mile walk to Coliseum BART • Short walk to many local retailers including diners, restaurants, convenience stores, a gym and much more • Quick commute to neighboring Bay Area cities including Downtown Oakland, Berkeley, San Francisco, and other major employment hubs

bridgeMLS logo Listing courtesy of BRIDGE / Transwestern Property Co.

Last checked: Checking… • Last updated Apr 18, 2024 •

MLS# 40977579 —

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Sale history

Date Event Source Price % Change
5/17/22
Sold BRIDGE $930,000 -1.0%
4/5/22
Pending BRIDGE $939,000
2/28/22
Relisted BRIDGE $939,000 -1.1%

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Multifamily Sold on 5/17/2022

$930,000

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Listing provided by broker:

Robert Dau

Transwestern Property Co.

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bridgeMLS logo Listing courtesy of Transwestern Property Co.

bridgeMLS logo Listing Courtesy of: BRIDGE, data current as of 17:23 on Apr 19.

© bridgeMLS, CCAR MLS, and Bay East MLS 2024. Information deemed reliable but not guaranteed. This information is being provided by the Bay East MLS or CCAR MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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