237-263 41st Street is a 48-unit apartment community located just steps from Piedmont Avenue in Oakland, CA. The property consists of two side-by-side twenty-four-unit buildings with a mix of one and two-bedroom units. Amenities include 46 covered parking spaces, four on-site laundry rooms, and storage closets. Both gas and electricity are individually metered and each unit is equipped with its own water heater. The property offers over $350,000 of annual rental upside allowing a new owner to maximize their return over time. Both buildings have been seismically retrofitted making this a true turn-key asset. This highly sought-after location will continue attracting premium tenants and maintain a low vacancy rate.
- Price:
- $13,750,000
- Square Footage:
- 28,399
- Acreage:
- 0.68
- Year Built:
- 1956
- Listing ID #:
- 41014158
- Street Address:
- 237 41st St
- City:
- Oakland
- State:
- California
- Postal Code:
- 94611
- County:
- Alameda
- Community:
- Oakland ZIP Code 94611
- Listing Status:
- Active
- Listing Type:
- Commercial Sale
- Construction Type:
- Stucco
- Flooring:
- Hardwood
- Total Building Square Footage:
- 28399
- Type Of Roof:
- Rolled/Hot Mop
- Year Built:
- 1956
- Lot Features:
- Regular
- Lot Size:
- 30000
- Lot Square Footage:
- 30000
- Originating Mls:
- Bridge Aor
- Parking Description:
- Carports - 2 Or More, Covered
- Appliances:
- Gas Water Heater
- Existing Water:
- Public
- Heating:
- Wall Furnace
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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: Timothy Warren with Nai Northern California
