Oakland, CA 94606,1739 10Th Ave
Oakland, CA 94606,1739 10Th Ave
Oakland, CA 94606,1739 10Th Ave
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,095,000
Est. payment /mo
6,499 Sqft Lot
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UPDATED:

10/14/2024 11:33 PM

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Subdivision Clinton

MLS Listing ID 41069019

HOA Y/N No

Year Built 1900

Lot Size 6,499 Sqft

Property 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).

Location

State CA

County Alameda

Zoning RM-2

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Appliance Gas Water Heater, Dryer, Washer

Exterior

Total Parking Spaces 1

Building

Lot Description Sloped Down

Others

Tax ID 202174


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California Regional MLS (CRMLS)
Listed by Joey Wang • Keller Williams Realty

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