1142 McKinley Ave
Oakland, CA 94610
For Sale
$2,600,000
13-Unit Apartment Building
Investment Highlights
- 1929 Mediterranean-style building | (12) 1BR + (2) studios
- 7.08% current CAP | 8.11 GRM on strong in-place income
- 16.00% rent upside to market | mark-to-market on turnover
Bos Group is proud to present 1142 McKinley Avenue, a 13-unit multifamily property in Oakland’s Cleveland Heights neighborhood offered at $2,575,000. The property features a unit mix of (12) 1×1 and (2) Studio as well as one non-conforming Studio with total current in-place monthly income of$26,466.
Year Built
1929
Number of Units
13
Price/Unit
$200,000
Square Feet
10,486
Cost/Sq. Foot
$248
CAP
6.92%
GRM
8.21
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