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PRICE REDUCED $100K. Built in 1989! Exempt from City Rent Adjustment Ordinance! LARGE Townhome Style Units! This four (4) unit property consists of three (3) 3-bed/2-bath 1,545SF units and one (1) 2-bed/1-bath 900SF unit. Constructed in 1989, the property is exempt from the city's rent adjustment ordinance. Rents increase July 1, 2019. Large units and ample parking are sure to keep occupancy rates high. The property is located on the East side of 34th Avenue between E. 17th and E. 18th Street in the heart of Oakland's burgeoning Fruitvale neighborhood. The Fruitvale BART Station is within walking distance, and the I-880 & I-80 Freeways are easy to access by car. Smooth commutes and a vibrant neighborhood scene will continue to drive premium rents from tenants. Fruitvale has also gained positive media attention in recent months as a UCLA study cited it as a model of neighborhood development without gentrification. Income and expenses are proforma.
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