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$ 2,595,000
Est. payment | /mo
9,496 SqFt
$ 2,595,000
Est. payment | /mo
9,496 SqFt
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 9,496 sqft
Price per Sqft $273
MLS Listing ID 41071136
HOA Y/N No
Year Built 1923
Lot Size 3,750 Sqft
Acres 0.1
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 Listing
Rooms
Basement Finished, Partial, Other, Separate Entry, Storage Space
Interior
Interior Features Other, Updated Baths, Updated Kitchen, Storage
Heating Other
Cooling None
Flooring See Remarks
Fireplace No
Appliance Dishwasher, Disposal
Laundry Laundry Equip - Owned
Exterior
Utilities Available Other Water/Sewer
View Y/N false
View None
Handicap Access Other, See Remarks
Total Parking Spaces 5
Building
Lot Description Other
Water Other
New Construction No
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Listed by Willem Bos • COMPASS
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AnnMarie Barajas
Partner | Lic# DRE# 01898810