Updated Dec 21, 2023
Frank H. Maiorana Acquires Retail Property In Oakland, CA For $3.68M
3801 Telegraph Avenue, Oakland, California 94609, United States
$3,675,000
$575/SF
Building Size
6,384 SF
Asset Type
Retail
Closing
Dec 20, 2021
About this deal
AI
The retail property located at 3801 Telegraph Ave in Oakland, CA has been sold. The transaction took place on December 21, 2021. The property spans 6,384 square feet and was sold for a price of $3,675,000, resulting in a price per square foot of $575.
Summary of transaction details
- Property Type: Retail
- Sale Price: $3,675,000
- Square Footage: 6,384
- Price per Square Foot: $575
- Address: 3801 Telegraph Ave, Oakland, CA
- Market: Oakland, CA
The buyer of the property is Frank H. Maiorana, while the sellers are Connie Yang, Jeffrey Yang, and Henry Yang.
Players
Oakland Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.32%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93