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$1,095,000
Est. payment /mo
4,132 SqFt
UPDATED:
08/26/2024 08:20 AM
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,132 sqft
Price per Sqft $265
MLS Listing ID 41070306
HOA Y/N No
Year Built 1922
Lot Size 3,600 Sqft
Acres 0.08
Property Description
www.pinzaoaklandportfolio.com; The Pinza Group proudly presents 751 E 11th St in Oakland, a unique investment opportunity in the sought-after East Peralta neighborhood. This property comprises a well-maintained 8-unit building with spacious studio apartments. Conveniently located near the Lake Merritt BART station, this property is ideal for commuters, adding to its appeal for potential tenants. The property also offers potential for rental rate increases and value appreciation over time, making it a great investment option for both seasoned investors and those seeking stable returns. With its prime location, tenant amenities, and growth potential, it's a standout opportunity in the Oakland real estate market. 745 E 11th, next door, also available. 10.07 Current GRM; 6.73 Market GRM; Email agent on property website for more info.
Location
State CA
County Alameda
Area Listing
Rooms
Basement Other
Interior
Heating Other
Cooling Other
Flooring Other
Fireplace No
Exterior
Utilities Available Other Water/Sewer
Building
Lot Description Other
Water Other
New Construction No
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Listed by Steven Pinza • The Pinza Group, Inc
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122