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$ 1,885,000
$ 2,250,000 16.2%
Est. payment | /mo
10,001 Sqft Lot
$ 1,885,000
$ 2,250,000 16.2%
Est. payment | /mo
10,001 Sqft Lot
Key Details
Sold Price $1,885,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 41086259
Sold Date 05/16/25
HOA Y/N No
Year Built 1931
Lot Size 10,001 Sqft
Property Description
Elevate your investment portfolio with this exceptional opportunity in Oakland, CA. The property boasts a substantial 12,080 SF building featuring 17 units designed for optimum comfort and convenience. From spacious three-bedroom units to functional studios, each residence is individually metered for electric, ensuring efficient operations. The presence of an on-site secure garage parking area adds in-demand convenience for tenants. Strategically situated in Oakland's coveted Cleveland Heights neighborhood, near Lake Merritt and major transportation routes, this multifamily, low-rise/garden property offers an attractive prospect for savvy investors seeking a prime location and a diverse range of rental units to meet market demands.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Roof Type Tar/Gravel
Total Parking Spaces 7
Building
Lot Description Street Level
Others
Tax ID 2785918
Financing Conventional

Listed by Stephen Pagones • Oak Tree Property Group
Bought with Stephen Pagones • Oak Tree Property Group
Bought with Stephen Pagones • Oak Tree Property Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "