3285 Delaware St Oakland, CA 94602

No rent control!!! High Cash Flow 3285 Delaware is an attractive newer construction building in the sought-after Laurel neighborhood of Oakland. The building consists of 8 well-maintained units with a mix of 6 large 1 bedrooms and 2 – 2 bedrooms with 8 dedicated off street parking spaces. Units have similar layouts with small breakfast areas, dishwashers and garbage disposals, lots of storage, and natural sunlight coming from all sides. Two units have been extensively remodeled, with high-end finishes. The building received a new roof in 2016 and has been recently painted. There is on-site laundry and the property is separately metered for gas & electric which keeps operating costs down. Priced at over a 5% cap rate, this is a high quality cashflow investment in a quiet location above 580.