Solid Income producing Duplex- 9945 & 9955 B Street, Oakland CA 94603
"Welcome to THIS CORNER LOT DUPLEX IN OAKLAND, in this current market where off-market
listings are almost nonexistent; this is truly an exceptional investment opportunity in the
heart of OAKLAND.
This prime real estate offers a compelling proposition for ONLY savvy investors seeking long-term growth and impressive returns.
The three key features are the income approach, Opportunity Zone, and Oakland Opportunity Zone Investment prospectus.
The first key feature is the income approach.
The income approach is a fundamental method astute investors use to evaluate the potential of income-generating properties.
By calculating the property's potential income stream, we can determine its actual value and assess its viability as a solid investment.
The income approach is calculated by dividing the net operating income by the capitalization rate.
The capitalization rate is the net operating Income divided by the fair market value.
We have determined based upon the income approach of $4,200 x 12= 50,400/725K=7%.
We have determined that the average cap rate for the area is 6.
5%.
Therefore, based on the income approach, we have derived that the fair market value is 725K.
The second key feature, probably the most important, is the Opportunity Zone.
The opportunity zone allows investors to invest their capital gains into an Opportunity Zone fund.
Furthermore, if the Investor keeps the property for more than ten years, there is no recapture from the tax deferral.
This is a home run for any Investor who has generated Income from capital gains for 2023.
Imagine if you have to pay capital gains from selling stocks from your portfolio; it can be deferred into the opportunity zone.
Don’t pay Uncle Sam! This is a perfect opportunity for an immediate tax deferral and income-producing duplex on the first day! Don't miss this exceptional investment opportunity.
Embrace the power of the income approach, Opportunity Zone can secure your financial future with our outstanding duplex property.
Contact us today to take your first steps in this fantastic Investment opportunity.
The third key feature is the City of Oakland.
The City of Oakland is investing several billion dollars in the Opportunity Zone for Oakland.
Please see the Prospectus.
This Investment will affect B Street.
Good things are coming for the City of Oakland Opportunity Zone! Please see the attached Prospectus.
Other Key features that make this property one in a million Investments.
1 The tenant has operated her business for over ten years, translating to a stable income.
2.
Great Potential for Appreciation: See attached CHART Below.
2: Rental Income: This property Currently boasts significant guaranteed Rent of $4200 Monthly,
which adds up to $50,400 Yearly.
3: Renovation/Expansion Possibilities: Built an ADU for even Extra Yearly income possibility of
$2100x12= $26,400
Yearly total Income of
$76,800, With the addition of an ADU.
• Steady Cash Flow: This property is poised to generate consistent cash flow through
rental Income, offering a reliable passive income stream.
4.
Add a junior ADU, also called a garage conversion.
This can add an income of 1,500 per month.
Totalingfour4 units in the 6,000sqftt lot.
This brings the yearly to $94,800
- Diversify Your Portfolio: Expand your investment portfolio with a tangible asset that
safeguards against inflation and market volatility.
4: This Duplex has Strong Rental Demand: Situated in a highly desirable neighborhood with
mentioned Very close to All Major freeways, Shopping, Schools, Parks, etc.
5: Strong Market Fundamentals:
• The location attracts a large workforce in San Francisco but prefers to pay lower Rent in
Oakland.
• This area is a stable and growing real estate market Due to low vacancy rates & high
population growth, and positive economic factors.
- Professional Property Management: If applicable, highlight any property management
services available to investors, offering a hassle-freeInvestmentent experience:
6: Little TLC is needed but not required by the current occupant.
7: The asking Price is 725K
8: Attractive CAP RATE 7%
8: Each unit has 2 Bedrooms,
Take advantage of this exceptional investment opportunity.
Act now to secure your stake in this
Duplex and capitalize on the potential growth of the real estate market in Oakland.
For more information, please get in touch with Carlos Lucero at show contact info .
Ask for the appraisal on this property.
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