296 Lester Ave

Oakland, CA 94606
Square Ft.
6,080
$1,895,000
Eight 2BR/1BA units near Lake Merritt offering a 6.23% current cap rate and 8.20% at market rents. Average scheduled rent of $2,186 trails the $2,600 market rent by 18.9%. Six of eight units are renovated, and one vacant unit is scheduled at market. Oakland rents rose 13.0% year over year… Read MoreRead Less
Courtesy of , 510-379-1200
Listing Snapshot
Days Online
9
Last Updated
Property Type
5 Or More Units
Square Ft.
6,080
Lot Size
0.14 Acres
Year Built
1959
MLS Number
41151543
30 Days Snapshot Of 94606
$652k
+8%
(avg) sold price
9
-10%
homes sold
88
+23%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Other Equipment: None
Building
Construction Materials: Frame, Siding - Stucco, Living Area: 6080, Year Built: 1959
Cooling
Cooling: None
Floors
Flooring: Vinyl
Heating
Heating: Forced Air, Heating Included
Lot
Lot Features: Other, Lot Size Acres: 0.14, Lot Size Area: 6098.4, Lot Size Square Feet: 6000, Parcel Number: 21227333
Parking
Parking Features: Covered
Property
Property Sub Type: 5 or More Units, View: Lake, City
Roof
Roof: Flat
Utilities
Water Source: Public
Garage
Garage
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Savan Thakkar
Lead of Scene Real Estate
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