1739 10Th Ave
Oakland, CA 94606
0.15 acres | #41069019
Description
To access the marketing package, copy/paste: https://bit.ly/joeywanglistings. Meet Oakland’s 1739 10th Avenue: 7 units (1 - studio, 2 - 1BR/1BA, 4 - 2BR/1BA) less than 5 minutes from Lake Merritt and offered at $1,095,000 ($227 sq. ft.). This attractively priced investment opportunity is as unique as it is appealing. Consisting of a front building (5 units) and a rear building (2 units), it totals an impressive 4,817 sq. ft. and includes potential for ADU expansion. The property will be occupied at close, with tenants generating a comfortable $11,000 per month in cash flow. However, when rents can be set to market rates, 1739 10th Ave is predicted to generate $16,000 per month (+45% upside). Situated in the historic and popular Clinton neighborhood, this location offers tenants much in the way of walkability (89 Walk Score) and convenience. Not only is it a short distance from the Grand Lake and Lakeshore shopping districts, but it’s right by a major employer (Highland Hospital), incredible public spaces, and several commuter corridors (I-880, I-580, and BART).
Property Details
- Lot DescriptionSlopedDown
Measurements
- Acres0.1492
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1900
Community and Neighborhood Details
- SubdivisionCLINTON
Location
- CountyAlameda
Financial Details
- Original List Price$1,095,000
Other
- MLS #41069019
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Joey Wang (#BMLS-R01890931)
Listing Office: Keller Williams Realty (#BMLS-OBBKWR)
Listing Courtesy (Buyer)
Buyer's Agent: Uyen Nguyen (#BMLS-MLL5062577)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.