1739 10Th Ave
Oakland, CA 94606
0.15 acres | #41069019
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).
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- Lot DescriptionSlopedDown
- Original List Price$1,095,000
- MLS #41069019
- MLS #41069019
- SubdivisionCLINTON
- CountyAlameda
- Cost1095000
- Acres0.1492
- Year Built1900
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Joey Wang (#BMLS-R01890931)
Listing Office: Keller Williams Realty (#BMLS-OBBKWR)
Listing Courtesy (Buyer)
Buyer's Agent: Uyen Nguyen (#BMLS-MLL5062577)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
