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$1,950,000
Est. payment /mo
9,352 SqFt
UPDATED:
08/27/2024 08:26 AM
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 9,352 sqft
Price per Sqft $208
MLS Listing ID 41070378
HOA Y/N No
Year Built 1918
Lot Size 6,800 Sqft
Acres 0.16
Property Description
www.pinzaoaklandportfolio.com; The Pinza Group is pleased to present 1736-1742 23rd Ave, a distinguished thirteen unit apartment building in Oakland's sought-after San Antonio neighborhood. Its strategic location near the Fruitvale BART station positions it as an attractive option for commuters. Multiple units delivered vacant for immediate renovation and leas up. The current rental rates, set at approximately 40% below market, unveil a substantial opportunity for significant rental upside upon turnover, capital improvement pass-throughs, or tenant buy-outs. Soft story seismic retrofit required. Current GRM 10.36; Market GRM 6.41; 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