2327 84th Ave Oakland, CA 94605

Rare 1960s Section-8 two-story Fourplex with four large 3BD/1BA units measuring approximately just under 1,000 Sq Ft each (buyers to verify) AND four-car pad parking at the front, located on a cul-de-sac in the Eastmont area of Oakland, just a few hundred feet from Castlemont Highschool. This well-maintained building, which has been in one family for many years, is currently generating scheduled income in the $102,000 per year range (and a possible 5.5% Cap Rate assuming a 40% expense ratio) and will be delivered with one or two units vacant at close. The property is situated on a 4,000 Sq Ft lot with room for parking and tenant enjoyment. This is an attractive opportunity for investors looking for solid and secure Section 8 income from a low-maintenance building with an attractive unit configuration for solid rental prospects. Broker's Note: This is an as-is Trust Sale. Buyers to verify all financial data and property condition for themselves.