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In-PersonVirtual Tour
$ 2,800,000
Est. payment | /mo
5,000 Sqft Lot
$ 2,800,000
Est. payment | /mo
5,000 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS25210412
HOA Y/N No
Tax Year 2024
Lot Size 5,000 Sqft
Property Sub-Type Mixed Use
Property Description
Outstanding mixed-use investment in Oakland's Fruitvale District along the International Boulevard corridor. The ±13,144 SF, 3-story building consists of 13 residential units plus a ground-floor retail/office space currently available for immediate occupancy. The asset is generating a 6% in-place cap rate with upside through lease-up and operational efficiencies. Strong value-add potential positions the property for stabilized returns well above current performance at full occupancy. Located on a high-traffic arterial with direct access to BART and public transit, the property offers investors an excellent opportunity to acquire a well-located, income-producing asset with both current cash flow and long-term appreciation potential.
Location
State CA
County Alameda
Interior
Fireplace No
Laundry None
Exterior
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
Building
Lot Description 0-1 Unit/Acre
Story 3
Water Public
Others
Tax ID 0332158001
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Listed by AARON MANZA KELLER WILLIAMS PREMIER PROPER 626-921-2599
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