Updated Oct 20, 2026
Alcatraz475 LP Sells Oakland Property At 2244 12th Ave For $1.63M With Davide F. Pio
2244 12th Ave
$1,630,000
$296/SF
Building Size
5,495 SF
Asset Type
MultiFamily
Closing
Oct 25, 2021
About this deal
AI
The property asset involved in the transaction is located at 2244 12th Ave in Oakland. The sale occurred on 10/25/2021 and was finalized for a price of $1,630,000. The total square footage of the property is 5,495 square feet.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $1,630,000.00
- Address: 2244 12th Ave
- Market: Oakland
- Seller: Alcatraz475 LP
- Broker: Davide F. Pio, CCIM
- Square Footage: 5,495.0
The key individuals involved in this transaction include Davide F. Pio, CCIM, who represented the seller, Alcatraz475 LP, in this sale. The transaction highlights the roles of both the seller and the broker in successfully completing the sale of this property.
On the Map
$1,630,000
$296/SF
MultiFamily
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Players
Oakland MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.73%
Cash-on-Cash
-2.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93