Casa Magna Apartments is a 61-unit turn-key apartment community located in Oakland's Fruitvale District. The property was completely renovated in 2014 with upgrades including a new foundation, electrical, plumbing, roof, windows, and more. The unit mix consists of (22) twenty-two 2-bedroom/1-bath units, (18) eighteen 1-bedroom/1-bath units, and (21) twenty-one studio units, all of which are individually metered for gas and electricity. The property features a gated entrance, covered carport parking, (2) two separate laundry rooms, and additional off-street parking. Unit interiors include a mix of hardwood floors and carpet with tile in the bathrooms. The asset offers great in-place cash flow and over 31% rental upside making it an ideal investment. Don't miss out on this fantastic income-generating property with zero deferred maintenance in the heart of Oakland.