Your Trusted Partner for East Bay Investment Real Estate Advice
East Bay based apartment investment-grade real estate
specialist (Alameda, Contra Costa Counties) and apartment building owner since 1999. Over 17 years of first-hand experience with all facets of
multi-unit property management including rent control parameters, tenant
relations, and property maintenance.
Expertise with 1031 exchanges and identifying tax deferred exchange properties
Member of the East
Bay Rental Housing Association for as many years and currently serve on
its Government and Community Affairs Board.Recent relevant Multi-unit articles:
Great time to Sell or buy multi-units
Recent Multi-Unit Transactions
2955 Carmel St, Oakland
Great triplex in Dimond district. 2 units vacant, we staged it beautifully and received 7 offers, all over asking. Repressed seller. Closed in March.
1613 Sixth st, Berkeley.
7 unit property in great condition. Buyer got this property at a 5% CAP rate. Great investment for a repeat client. Closed in October, 2017.
2508 Acton St, Berkeley Triplex plus cottage, great vintage property with upgrades.
Sold for over 3% over asking price!
(Represented the Seller)
30 Nicholl St, Point Richmond:
7 units in Historic downtownp Pt. Richmond
Over 35% upside in rents, with no rent control!
(Represented the buyer)
Clawson Lofts, NOBE, Oakland
Fantastic Loft investment opportunity
Dwight St, Berkeley:
4 plex, with vacant 3 bedroom unit.
Perfect for owner occupy, pay less than market
4242 Gilbert St, Oakland
5 Units, 3 rent control exempt!
2 blocks from Piedmont Ave, over 30% rent upside
(Represented the buyer)
616 Hillsborough, Oakland (Pending):
duplex with non-conforming 1 bdrm
Great upside in rent, owner occupy opportunity
(Representing Buyer) PENDING
3408 Richmond Blvd, Oakland (18 units) Representing Buyer
Great cash flow from day one. Over 40% upside in rents.
3699 Highland Road, Lafayette, CA.
448 Sunnsyside Ave., Oakland (duplex)
Represented Seller 6% over asking price!
These are some of the multi-units properties that I have worked on, and I would love to advise you on your purchase or sale of your property!
Contra Costa and Alameda Counties are my expertise.
Managing our multi-unit properties is keeping me up to speed with everything that is currently happening of multi-unit owners. I am happy to help you with your current properties or in your search!
I bring my experience and expertise to your investment property needs. Please let me know if you own a comparable building and want advice on its value or market rents, or are looking for a trusted adviser for an investment property purchase.
John CaronnaColdwell Banker 5 Moraga Way Orinda, CA
Phone: (925) 253-4648