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    Adeline St

    Oakland, CA 94608
    • $2,395,000
    • STATUS: Active
    • ON SITE: 152 days
    • ID#: EB40922728
    UPDATED: 47 min ago
    $2,395,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    14-unit multifamily property located in Oakland on the Emeryville border. The property consists of 14 studio apartments, greatly increasing the price/SF rental yield and lowering maintenance and utility expenses. The building sits above eight covered parking spaces, increasing the desirability for tenants and offering the owner an additional revenue source. The property offers updated units with on-site laundry and tenant storage lockers. In addition, the property offers a significant value-add component, allowing the new owner impressive upside potential upon unit turnover. Located in Oakland's Clawson neighborhood just two blocks from Emeryville. Situated near the Bay Bridge Shopping Center, the property gives tenants the convenience of Target, Starbucks Coffee, Ikea, Best Buy, and much more all within walking distance. Tenants may also indulge in the best of Bay Street's restaurants and activities including the AMC Bay Street Movie Theater, Barnes and Noble, PF Changs.

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    © 2021 MLSListings Inc. Based on information from MLSListings MLS as of 2021-02-26T12:49:37.653. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate.

    Licensed in the State of California.
    www.dominicnicoli.com/homes/110438831
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    Adeline St Oakland, CA 94608

    • Price: $2,395,000
    • Status: Active
    • Updated: 47 min ago
    • ID#: EB40922728
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1964
    Built
    Neighborhood:
    Oakland Zip Code 94608
    County:
    Alameda
    Area:
    Oakland Zip Code 94608
    Property Description
    14-unit multifamily property located in Oakland on the Emeryville border. The property consists of 14 studio apartments, greatly increasing the price/SF rental yield and lowering maintenance and utility expenses. The building sits above eight covered parking spaces, increasing the desirability for tenants and offering the owner an additional revenue source. The property offers updated units with on-site laundry and tenant storage lockers. In addition, the property offers a significant value-add component, allowing the new owner impressive upside potential upon unit turnover. Located in Oakland's Clawson neighborhood just two blocks from Emeryville. Situated near the Bay Bridge Shopping Center, the property gives tenants the convenience of Target, Starbucks Coffee, Ikea, Best Buy, and much more all within walking distance. Tenants may also indulge in the best of Bay Street's restaurants and activities including the AMC Bay Street Movie Theater, Barnes and Noble, PF Changs.
    Exterior Features

    Exterior Stucco Lot Location Corner Roof 30 Units In Complex Max 14

    Interior Features

    Cooling None Flooring LaminateTile Max Building Height 3 Min Building Height 1 Structure Sq Ft 4280

    Property Features

    Accessibility Features Other Additional Listing Info Not Applicable Amenities Balcony/PatioStorage Area(S) City Name Oakland Cross Street 32nd St Lot Size Area Maximum 4554.00 Meters Separate ElectricSeparate Gas Security Features Security Building Sewer Septic Sewer - Public

    © 2021 MLSListings Inc. All rights reserved. Listing provided courtesy of Timothy Warren of Joseph M. Tapia, Broker.


    © 2021 MLSListings Inc. Based on information from MLSListings MLS as of 2021-02-26T12:49:37.653. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate.

    Licensed in the State of California.
     
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