Commercial For Sale | Multifamily | Apartment building / Low Rise / Garden Style / 1-3 stories high
133 17th Street . Downtown Oakland , CA 94612
For sale 10 units apartment building in Oakland California. For more information on this listing please contact the listing agent, Steven Pinza 510-725-4775 info@pinzagroup.com
Posted: 12/27/2020 10:12 am
| On HOMEiZ: 1226 days |
Updated: 3 years ago
| Views: 477
Location Map
Property Type
Sold
Property Price
$2195000
$
5,000.00
Sq. Ft.
$359
6107
Contact listing agent%
5.42%
$0
$118969
12.23
1.25%
$27438
Property Location & Description
For sale 10 units apartment building in Oakland California. For more information on this listing please contact the listing agent, Steven Pinza 510-725-4775 info@pinzagroup.com
Rent Control
A rare opportunity to own an apartment building less than one block from Lake Merritt. This opportunity presents an exceptionally low price per unit with tremendous rental upside. The property's ten units are comprised of eight 1bd/1bth apartments and two studios. There are many recent capital improvements including but not limited to updated kitchens and bathrooms in three units, newer roof, well manicured grounds, and much more. The property has on site coin operated laundry, significant rental upside, and ample street parking.
Sitting directly across the I-80 from San Francisco, Oakland is a thriving city in its own right, and in recent years has become a popular home for folks seeking more affordable (and available) living arrangements than what is available across the bay without sacrificing the distinctive atmosphere. The property is a short walk to three BART stations, Oakland Museum of California, Children's Fairyland, Whole Foods, Chinatown, Jack London Square and much more. The location is a walker's paradise which allows for a large number of interested tenants whenever a unit turns over.
10
$219500
No.
Description
No. Units
Sq. Ft.
Avg. Mo. Rent
1.
0+1
2
2.
1+1
8
3.
4.
5.
3
1908
Good
5.42% Current Cap & 12.23 Current GRM
Eight 1bd/1bth & Two Studios-All w/ Rental Upside
Additional Income From On-Site Coin-Operated Laundry
Additional Income From On-Site Coin-Operated Laundry
Property Information
Sewer
Sewer System (Public)
Parking
On-street
Assigned Parking
10
Investment Overview
Investor
Energy Efficiency
No
No Data
N/A
N/A
No
No
No
No
Neighborhood lifestyle
Urban Core
More information
Not in MLS
Listing Presented by
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