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Listed by Adam S. Levin • Marcus & Millichap
$ 9,000,000
Est. payment | /mo
47,875 SqFt
$ 9,000,000
Est. payment | /mo
47,875 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 47,875 sqft
Price per Sqft $187
MLS Listing ID ML81978152
HOA Y/N No
Originating Board Datashare MLSListings
Year Built 1917
Lot Size 0.331 Acres
Property Description
1425 Harrison St is an exceptional 61-unit apartment community located in the thriving city of Oakland, California. Situated on a 14,430 square foot parcel of land, the subject property was originally constructed in 1917 and has a gross building area of approximately 47,875 square feet, offering its tenants beautifully designed four-bedroom, three-bedroom, two-bedroom, one-bedroom, and studio floor plans. The subject property also features convenient tenant amenities such as on-site laundry and a community pool. 1425 Harrison St has undergone significant capital improvements including installation of a new roof membrane, improvements to safety features such as fire sprinklers, and unit renovations. Total capital expenditures under the current owner exceed $500K. The subject property is located in Oakland's distinguished Downtown district, a thriving area positioned just west of Lake Merritt. Downtown Oakland stands out as one of the most unique neighborhoods in the city, seamlessly blending the dynamic energy of urban living with the serene ambiance of Lake Merritt.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s)
Fireplace No
Exterior
Handicap Access Other
Building
Water Public
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