$ 8,350,000
175 Santa Rosa Ave Oakland, CA 94610
Schedule a Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Timothy Warren • NAI Northern California
$ 8,350,000
Est. payment /mo
Active
175 Santa Rosa Ave Oakland, CA 94610
34,767 SqFt
UPDATED:
10/23/2024 03:21 PM
Key Details
Property Type Commercial
Sub Type Lowrise (1-3 Flrs)
Listing Status Active
Purchase Type For Sale
Square Footage 34,767 sqft
Price per Sqft $240
MLS Listing ID 41076507
HOA Y/N No
Originating Board Bridge AOR
Year Built 1967
Lot Size 0.443 Acres
Property Description
175 Santa Rosa Avenue is a 33-unit apartment community located on a quiet tree-lined street in Oakland's Grand Lake Neighborhood. The property consists of a mix of one and two-bedroom units with a large 2,000+ square foot penthouse occupying the fourth floor. Amenities include 34 garage parking spaces, three on-site laundry rooms, and covered balconies. Capital Improvements include a new roof, fresh exterior paint, new hot water heaters, and an updated intercom system. The property offers excellent in-place cash flow with over $220,000 of annual rental upside allowing a new owner to maximize their return over time. The building is seismically exempt making this a true turn-key asset. This highly sought-after location will continue attracting premium tenants and maintain a low vacancy rate.
Location
State CA
County Alameda
Interior
Heating Electric, Wall Furnace
Cooling None
Flooring Vinyl, Carpet
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Type Below Ground Parking, Space Per Unit - 1, Garage Door Opener
Building
Lot Description Regular
Water Public
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.