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Listed by Steven Crane, DRE #01243794 • Morley Fredericks Real Estate Services
$ 1,875,000
Est. payment | /mo
2 Beds
2 Baths
3,750 SqFt
$ 1,875,000
Est. payment | /mo
2 Beds
2 Baths
3,750 SqFt
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,750 sqft
Price per Sqft $500
MLS Listing ID EB41152957
Bedrooms 2
Year Built 1922
Lot Size 0.259 Acres
Property Sub-Type Five or More Units
Source Bridge MLS
Property Description
Truly unique (6 unit) pride of ownership property within 2 blocks of Grand Ave & Lake Merritt. Comprised of (6) completely detached single-story cottage units-(4) 2-bedrooms & (2) 1-bedroom (may be converted to 2s). Property was carefully renovated in 2016-17 to modernize every facet of the structures & systems, while preserving original craftsman charm&character. Improvements at that time included new sewer lateral,drainage,concrete driveway,repaved parking lot, foundations, retaining walls, plumbing & electrical systems, windows, doors, roofs, stucco, water heaters, furnaces, sub-water meters, appliances & more. Kitchens & baths thoroughly renovated in (5) of the (6) units. Hardwood floors & upgraded tile throughout, wood-burning fireplaces in most units, in-unit laundry in (4)of(6) units, ind. submeters for water, central heating, ample storage beneath each unit, low maint. landscaping & mgmt. With SF rents heating up, history shows Adams Point & Lake Merritt will benefit. Fully leased. Initial leaseups post renovation in 2017 were $3250-$3350. Ideal for 1031
Location
State CA
County Alameda
Area Oakland Zip Code 94610
Interior
Heating Forced Air
Cooling None
Flooring Tile, Hardwood
Laundry Laundry Area - In Unit
Exterior
Exterior Feature Stucco
Parking Features Parking Area, Spaces per Unit - >1, Tandem Parking
Garage Spaces 10.0
Roof Type Composition
Building
Lot Description Regular
Others
Tax ID 10-774-15
Special Listing Condition New

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