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Listed by Willem Bos • COMPASS
$2,395,000
Est. payment /mo
9,496 SqFt
Active
809 E 28th St Oakland, CA 94610
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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 $252
MLS Listing ID 41071136
HOA Y/N No
Originating Board Bridge AOR
Year Built 1923
Lot Size 3,750 Sqft
Property Sub-Type 5 or More Units
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
Building
Lot Description Other
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