$2,595,000
809 E 28th St Oakland, CA 94610
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$2,595,000
Est. payment /mo
3,750 Sqft Lot
Price Dropped by $100K
809 E 28th St Oakland, CA 94610
UPDATED:
11/20/2024 01:12 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41071136
HOA Y/N No
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
Interior
Heating See Remarks
Cooling None
Fireplace No
Exterior
Total Parking Spaces 5
Building
Water Other
Others
Tax ID 2339545
Listed by Willem Bos • COMPASS