Outstanding 22-unit multi-family real estate investment located in the Ralph Bunche neighborhood of West Oakland CA near Uptown Oakland and City Center, a 10 Minute walk to 19th St BART and a 20 minute ride to San Francisco. This is a well-maintained mid-rise apartment building with two adjacent large vacant non-conforming, industrial-type units. Each floor has 11 units, consisting of nine studios and thirteen 1bd units, most have been significantly remodeled. There is a strong tenant profile, historically low vacancy rate, and the possibility of adding additional parking. A complete rooftop solar PV system keeps expenses low with added income from a separate laundry room. Other features include an automatic gate, hard-wired fire alarm, security camera system all new windows, newer paint, and new common area flooring. Email broker for virtual tour and disclosures. Shown by appointment, open house schedule TBD.
- Price:
- $5,145,000
- Square Footage:
- 13,601
- Acreage:
- 0.26
- Year Built:
- 1910
- Listing ID #:
- 40994542
- Street Address:
- 787 22nd St
- City:
- Oakland
- State:
- California
- Postal Code:
- 94612
- County:
- Alameda
- Listing Status:
- Active
- Listing Type:
- Commercial Sale
- Construction Type:
- Stucco
- Flooring:
- Laminate, Carpet
- Total Building Square Footage:
- 13601
- Year Built:
- 1910
- Lot Features:
- Regular
- Lot Size:
- 11325.6
- Lot Square Footage:
- 11300
- Originating Mls:
- Bridge Aor
- Parking Description:
- No Parking On Site
- Existing Water:
- Public
- Heating:
- Electric, Natural Gas
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By Nicholas Myerhoff of Nicholas Myerhoff
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