Condominium buy in Oakland California

2705 Viola located in the Allendale neighborhood of Oakland. Each unit is separately metered for electrical & water leading to its extremely low maintenance costs and higher rents. Current CAP RATE is 6.35% and planned rental increases for each unit in the next 2-4 months will raise the cap rate to 7.24%. The structure is routinely inspected and kept in great condition with newly painted entryway and railings. Onsite coin-op laundry facility with personal lockers for tenants. Each unit given a covered private garage spot and one uncovered parking spot. Open house Monday 5/10 from 1-3pm & Sunday 5/16 12-2pm For more info call Listing agent. Updated On: June, 6 2021 ADDITIONAL INFORMATION Ref: 37305-40948707