Marcus & Millichap is pleased to present 8117 Ney Ave, a wellmaintained 4unit multifamily property located in Oaklands Eastmont Hills neighborhood. Built in 1947, the property totals approximately 3,277 SF on a 0.22acre lot and is 100% occupied. The unit mix consists of spacious 2 and 3bedroom units with individually metered gas and electric, mastermetered water, and gated driveway parking for 4 vehicles. Inplace rents are approximately below market, offering upside potential through future rent growth. Conveniently located near MacArthur Blvd, Eastmont Town Center, public transit, and with easy access to I580 and I880. A solid investment opportunity with stable income in an established East Oakland rental area.
| MLS # | ML82045268 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1947 |
| Days On Site | 124 |
| Listing Provided By | Marcus & Millichap | Eymon Binesh |
| SQ Feet | 3,277 |
|---|---|
| Garage | 4 |
| Story(s) | 1 |
| Building(s) | 1 |
| Zoning | RM |
| Acreage | 0.22 |
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Foundation Details | Concrete Perimeter |
|---|
| Garage Yes / No | Yes |
|---|
| Sewer | Public Sewer |
|---|
| Property | 20154 |
|---|
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94605 |
| Area | 699 Not Defined |
| Listing VS Median (in 94605) | |
Price: $1,100,000 low | high Med: $1,250,000 sqft: 3,277 low | high Med: 4,739 $ / sqft: $336 low | high Med: $281 On site: 124 low | high Med: 279 | |
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94605 |
| Area | 699 Not Defined |
| Listing VS Median (in 94605) | |
Price: $1,100,000 low | high Med: $1,250,000 sqft: 3,277 low | high Med: 4,739 $ / sqft: $336 low | high Med: $281 On site: 124 low | high Med: 279 | |