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$2,595,000
Est. payment /mo
3 Beds
3 Baths
9,496 SqFt
UPDATED:
11/20/2024 10:03 AM
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 9,496 sqft
Price per Sqft $273
MLS Listing ID EB41071136
Bedrooms 3
Originating Board Bridge MLS
Year Built 1923
Lot Size 3,750 Sqft
Property Description
809 E 28th St, a well-maintained 14-unit apartment community located in the heart of Oakland's Ivy Hill Neighborhood. The property, featuring (6) large studio units, (7) 1-bedroom, 1-bathroom units, and (1) 2-bedroom, 1-bathroom unit, which is designed to maximize space and functionality. What sets this property apart is its unique and desirable corner lot, beautiful architecture with period-appropriate details, and five secured garage spaces. This day-one cash-flowing property offers significant rental upside and is strategically positioned to deliver long-term returns through unit remodels and upgrades. The property's ability to attract premium tenants and maintain a very low vacancy rate, a feat it has achieved for over 22 years, provides potential investors with a sense of security and stability.
Location
State CA
County Alameda
Area Other Area
Interior
Cooling None
Laundry Washer/Dryer - Owned
Exterior
Exterior Feature Other
Parking Features Attached Garage
Garage Spaces 5.0
Roof Type Other
Building
Lot Description Other
Water Other
Others
Special Listing Condition Not Applicable
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Listed by Willem Bos • COMPASS
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Joel Martinez
Property Connection Specialist | License ID: 02338033
Property Connection Specialist License ID: 02338033