Category Archives: Investing in Multi-Family

Bay Area rents are rising in 2012

It seems like after six long years of stagnant rental growth the East Bay has finally got a run up in apartment rents. Driven by the strong tech job market in San Francisco and a flourishing new art and restaurant … Continue reading

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SOLD – 1550 Bridge St. 7-Units Oakland

1550 Bridge Street, Oakland, CA 94601 – IN ESCROW 10% Cash on Cash Return Turn-key Remodeled Building! – Offered at $735,000 PROPERTY SUMMARY The Bridge Street Apartments is a bread and butter, wood frame and stucco, seven unit apartment building. … Continue reading

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Rental Market in San Francisco is on Fire

The rental market in San Francisco has been on fire for months. I first noticed the trend around March 2011 when I called to get information on a nice little apartment building for sale in the Mission. The broker said … Continue reading

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SOLD – 2315 Telegraph Ave, Oakland, CA 94612

2315 Telegraph Ave, Oakland, CA 94612 For Sale $740,000 2315 Telegraph Avenue, Oakland, CA 94612 Telegraph Uptown Apartments is a uniquely styled 9 unit building built in 1944. It features 3 1bedroom 1bath units and 6 studios with a fully gated … Continue reading

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Apartment Forecast 2012 – San Francisco Bay Area

I had the pleasure of listening to Richard Knudsen talk about the apartment market in the Bay Area at the local IMF meeting. Richard is an extremely knowledgable veteran broker who is respected by many in the industry. Later I … Continue reading

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SOLD – The Kerwood Apartments – 32-Unit Apartment Building

The Kerwood Apartments  32-Unit Apartment Building  1627 High Street Oakland, CA 9 4 6 0 1  The Kerwood Apartments is a very well located, professionally owned and operated, 32-unit apartment building comprised of  9  2-bedroom units, 21 1-bedroom units, and … Continue reading

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Complete 1031 Exchange

In November 2011 I toured a 29 unit apartment building located at 156 Estabrook in San Leandro with my clients. It was a very special day because I presented them with a closing gift of a new iPad 2. I … Continue reading

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Nick driving and selling property

Last year (2010) I was working hard to sell this 32 unit building located at 2701 High Street in Oakland. This was leading up to our first broker’s open house. I was optomistic, however we only had one or two … Continue reading

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Cap Rate VS Gross Rent Multiplier

An investor recently asked: How do I evaluate Capitalization Rate on an apartment building priced at $1.3m with gross rents of $84,000? The Capitalization Rate of an apartment building is used to measure its value against other assets in a … Continue reading

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