Oakland, CA95610
| 0 sqft | MLS# 41108670
Tract:
For Sale $3,000,000
Description
Located in the vibrant and sought-after neighborhood of Adams Point, the property offers an outstanding investment opportunity with a spacious 20-unit apartment building. This centrally located property features 5 generously sized 2bd/1ba units and 15 1bd/1ba, each providing ample space for tenants to comfortably settle in. The property has been retrofitted with moment frames and is listed as compliant on the City of Oakland’s soft story inventory list. Most of the vacant units require minor cosmetic and cleanup work to get them rent ready. However, they still offer the potential for interior upgrades, if the new owner chooses to do so. The property is situated in a prime location, benefiting from proximity to local amenities, public transportation, and major highways, ensuring strong tenant demand. Whether you’re a seasoned investor or a first-time buyer, this property offers an excellent foundation for long-term growth and value creation. By modernizing the interiors, and doing some minor exterior work, there is potential to increase market rents substantially, making this an ideal opportunity for investors looking to maximize returns. Don’t miss out on this exceptional chance to acquire a well-located, income-generating asset in Adams Point.
Facts
| Built in 1959 | Lot Size: 10000.00 sqft | HOA Dues: $0/month
Features
Listing provided by Mairaj Din, Transwestern Property Co.
Based on information from California Regional Multiple Listing Service, Inc. as of August 26, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.