1200 50th Ave
Oakland, CA
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Commercial property for sale
Owner occupied
bhrcommercial represents the seller
Financials
| Property value: | $1,093,500 | ||||||||||||||||||
| Rental Income: (estimated) | $9,315 / mo. | ||||||||||||||||||
| Operating Expense: (estimated) | $2,329 / mo. | ||||||||||||||||||
| Asking price: | $899,000 | ||||||||||||||||||
| Cap Rate: | 9.33% |
| Seller financing: | Assumable financing: | ||||||||||||||||||
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Description
Property is a Office/Warehouse builidng with approximately 8,100 sq.ft. The office space is 2 stories with 7 office suites, 3 bathrooms and 2 kitchens. The warehouse is about 3,000 sq.ft. with a roll-up door, single story and currently occupied by a the owner who uses the space the make and warehouse T-shirts. The owner is flexible and he is willing to carry financing.
Investment Analysis *
* Assuming assumable financing $575,000 at 6.25% amortized , seller financing $719,200 at 6% amortized .
WalkScore Analysis
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