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Property for Sale » United States » California » Oakland » Brookfield Village

$80,000 in equity in Oakland, CA

Rehab Property

Listing Expired almost 3 years ago

List Price:

$112,000

XXXX Oscar Ave.
Oakland, California 94603 Get Map


Built 1965
Posted March 23, 2009



Description:

Watch Video at: http://motivatedproperties.com Duplex: 2/1 2/1 LTV – including rehab: 61% Rehab: $8,000 – $12,000 Vacant , Rents: $1,100 each side $2200 a month CAP Rate: ~ 18% Zillow value: $292,000 Sold in ’06: $440,000 Assessed value: $460,000 Taxes are assessed at $460,000. Buy and get taxes reduced by 60%. Even with rehab costs, an 18% CAP rate!