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Listed by Adam Dahdouh • Yellowstone Investments
$2,300,000
Est. payment /mo
6,075 SqFt
Active
1152 98th Avenue Oakland, CA 94603
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,075 sqft
Price per Sqft $378
MLS Listing ID ML82008269
HOA Y/N No
Year Built 2021
Lot Size 8,250 Sqft
Property Sub-Type Other
Source Datashare MLSListings
Property Description
Offering memorandum available upon request. Yellowstone Investments is pleased to present 1152 98th Avenue, a fully renovated mixed-use property located in Oakland. This unique asset includes six total units, one retail space, and five residential units, across two separate buildings. With over $2.2 million invested in renovations, this offering represents a rare opportunity to acquire a turnkey property with minimal deferred maintenance. The first building is a duplex originally constructed in 1950 and fully remodeled in 2019. Each one-bedroom, one-bath unit has its own water meter. The building on the corner was initially built in 1905, was taken down to the studs, and completely rebuilt in 2021. It features a ground-floor retail space, a designated storage area, one large two-bedroom unit, and two three-bedroom units. All units are equipped with washer/dryer sets, tankless water heaters, and furnaces designed to accommodate future A/C condensers. The corner building operates on a single water meter; tenants pay 80% of the total bill, while the owner covers the remaining 20%. There are seven parking spaces on-site, including three garage spots. A low-rate mortgage from Fremont Bank, adjusting in April 2027, may be assumed or modified, subject to buyer qualifications.
Location
State CA
County Alameda
Interior
Heating Forced Air
Cooling Other
Fireplace No
Building
Water Public
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