apartment is sold

434 Lee St., Oakland, 94610.

11 Units Near Lake Merritt

  A 1960’s Style building in the quiet Lake Merritt neighborhood of Adams Point. This property is down the street from Lake Merritt, close to transportation corridors, public transportation and conveniences.

Contact

 

 

 

A 1960’s Style building in the quiet Lake Merritt neighborhood of Adams Point. This property is down the street from Lake Merritt, close to transportation corridors, public transportation and conveniences. The property has 10 one-bedroom one-bath units and a large 2 bedroom 2 bathroom unit on the top floor. This building is individually metered for gas & electricity; it has 7 parking spaces, storage space for tenants, and on site laundry. There is significant rental upside potential for several units. The building is in close proximity to the Grand Avenue shops, the new Trader Joe’s and Whole Foods.

PROPERTY INFORMATION
APN: 
010-0775-018-01
Square Footage: 
7,219
Lot Size: 
4875.00
Year Built: 
1961

FINANCIAL SUMMARY
Price: 
$1,500,000
Down Payment: 
Loan Payment: 
N/A
Cash on Cash Estimate: 
N/A
Pro-Forma Cash Flow Est: 
N/A
Price Per Unit: 
$136,363

New listings.