6.7% CAP Rate (Return on Investment)

12% GRM ( Years to Pay off the Property)

Elfyer - Oakland, CA House - For Sale
Elfyer - Oakland, CA House - For Sale
Elfyer - Oakland, CA House - For Sale
Elfyer - Oakland, CA House - For Sale
Elfyer - Oakland, CA House - For Sale
Elfyer - Oakland, CA House - For Sale
Elfyer - Oakland, CA House - For Sale
Owners spent over $100,000 on improvements and remodeling over the past 3 years. Tenants pay all utilities The property is fully occupied & it is a turnkey operation Sewer lateral certificate on hand Termite report is estimated at $3500 Potential rental income according to Zumper in the Jefferson Area is $100,140 If you are looking for $80,700 rental income a year on your investment property, then The Carrington property absolutely competes with many properties priced at or above $1,500,000 when you compare Carrington's CAP rate of 6.7% (Annual returns on your investment) & 12% G.R.M (Years to pay off your investment).
  • Spent $100k on improvements
  • Completely Remodeled
  • All Tile / Hardwood floors
  • 1.2 miles to Bart
  • $80,700 Current Rent Roll
  • Sewer Lateral Completed
  • Stainless Steel Applicances
  • Close to Public Transportation
MLS: 40836653
Sq Ft: 2,092
Yr Built: 1922
Bdrms: 6
Baths: 5
Pool: No
Parking: 1 Car Garage
Asking: $998,800
Property Address
4220-4224 Carrington Street
Oakland, CA
94601
map View Map
Agent photo
Alessandra Imanabadi
[510] 504-2528
Contact Agent
Visit Agent Website
Lic#: 01390368
Nationwide Fine Homes
24301 Southland Dr. Ste. B11E 
  Hayward, CA CA
510-783-9998

Information deemed reliable but not guaranteed.
Agent and/or buyer to verify all information.






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