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Listed by Matthew Ma eXp Realty of California, Inc
$ 1,995,000
Est. payment | /mo
12,380 SqFt
$ 1,995,000
Est. payment | /mo
12,380 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,380 sqft
Price per Sqft $161
MLS Listing ID 425081157
HOA Y/N No
Year Built 1924
Lot Size 5,000 Sqft
Acres 0.1148
Property Sub-Type Multi Family
Property Description
A rare opportunity to acquire a well-maintained 18-unit multifamily property with a favorable 3.00% assumable loan in one of Oakland's most connected neighborhoods. Each of the eighteen spacious studio units averages approximately 600 sq. ft., with many featuring modern updates such as granite countertops, laminate flooring, and dual-pane windows. The property offers secure access, individual electric meters, and strong occupancy with room for lease-up upside. Recent improvements include dual-pane windows throughout, an updated electrical panel, and select unit upgrades completed between 2021 and 2025. Ideally located near Fruitvale BART and the Transit Village, residents enjoy a Walk Score of 88 and Bike Score of 75just minutes from parks, shopping, and local amenities. With steady rental demand and built-in upside, this property is well-positioned for long-term growth and appreciation. Assumable loan subject to terms and qualifications. Opportunities like this rarely come to marketact quickly to add this solid income-producing asset to your portfolio.
Location
State CA
County Alameda
Area Oakland Zip 94601
Interior
Fireplace No
Building
Lot Description Other
New Construction Yes
Others
Tax ID 0260737002
Acceptable Financing Assumable
Listing Terms Assumable
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Fatemah Nikchehi (nik-chee)
Broker Associate | Lic# 01703928