1739 10Th Ave, Oakland, CA 94606
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Listed Price :
$1,095,000
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Beds :
N/A
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Baths :
-
Property Size :
N/A sqft
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Year Built :
1900
Property Description
To access the marketing package, copy/paste: https://bit.ly/joeywanglistings. Meet Oakland’s 1739 10th Avenue: 7 units (1 - studio, 2 - 1BR/1BA, 4 - 2BR/1BA) less than 5 minutes from Lake Merritt and offered at $1,095,000 ($227 sq. ft.). This attractively priced investment opportunity is as unique as it is appealing. Consisting of a front building (5 units) and a rear building (2 units), it totals an impressive 4,817 sq. ft. and includes potential for ADU expansion. The property will be occupied at close, with tenants generating a comfortable $11,000 per month in cash flow. However, when rents can be set to market rates, 1739 10th Ave is predicted to generate $16,000 per month (+45% upside). Situated in the historic and popular Clinton neighborhood, this location offers tenants much in the way of walkability (89 Walk Score) and convenience. Not only is it a short distance from the Grand Lake and Lakeshore shopping districts, but it’s right by a major employer (Highland Hospital), incredible public spaces, and several commuter corridors (I-880, I-580, and BART).
Interior Features
Bedroom Information |
Bedrooms |
N/A |
Interior Information |
Cooling Type |
None |
Listing Information
Address |
1739 10Th Ave |
City |
Oakland |
State |
CA |
Zip |
94606 |
County |
Alameda |
Listing Agent |
Joey Wang DRE #01890931 |
Courtesy Of |
Keller Williams Realty |
List Price |
$1,095,000 |
Status |
Active |
Type |
Residential Income |
Structure Size |
N/A |
Lot Size |
6,500 |
Year Built |
1900 |
Listing information courtesy of: Joey Wang, Keller Williams Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:30 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.