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$69,900 / 140ft2 - OFF MARKET Small office condo, busy shopping center, over 10 % return! (oakland downtown)
10th, Oakland, CA 94607
10th near Webster
0BR / 2Ba
140ft2
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For sale a small condo (building 140 Sq Ft)
Suitable to use for Office, Retail, Massage, Medical office, Storage etc.
Luxury remodeled (high ended wood looking tiles, large wall mirrors, wall cabinet )
** Completely remodeled bathrooms $30k in renovaton.
1) For sale only $69,900 (HOA ~ $100/m, includes water & sewage, garbage & recycle, common areas property tax, insurance & professional cleaning bathrooms twice a day, 6 days / week, security guard 6 evenings/week)
Estimated return over 10%
Rental income $799 x 12 = $9,588/year
less: HOA $100 x 12 = $1,288/year
less: Oakland tax estimated 1.25% ($900/year)
$9588-$ show contact info net income
$7400 net income /$69900 purchase price = 10.58% ROI !!!
HOA ~ $100/m (includes all common area expenses eg.master insurance, water, professional cleaning, lightings etc.)
Ppty tax oakland est 1.4 % (see attached ) would be $93/m
2) OR For rent only $799/m + utilities (PGE & Wi-Fi)
** common area remodeling for NEW bathrooms !!!
All info deemed reliable but not guarantee (Buyers to do own due diligence) !