809 E 28th St Active

Oakland,CA 94610

$ 2595000

- Bed

- Bath

9496 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

Originating Board Bridge AOR

Year Built 1923

Lot Size 3,750 Sqft

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

Interior

Heating Other

Cooling None

Flooring See Remarks

Fireplace No

Appliance Dishwasher,Disposal

Laundry Laundry Equip - Owned

Exterior

View None

Handicap Access Other,See Remarks

Parking Type Attached,Covered

Building

Lot Description Other

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