For Sale / CA / Alameda County / Oakland / 94607 / 150 11th St

150 11th St Oakland, CA 94607

  • For Sale $2,950,000

  1. 0 full, 0 partial baths
  2. 6,052 sq ft
  3. 1,742 sq ft lot
150 11th Street is an 8-unit value-add apartment building located in Downtown Oakland, 3 blocks from Lake Merritt BART Station & 3 blocks from Lake Merritt shoreline. This 6,052 Sq. Ft., 1907 vintage asset is comprised of an ideal unit mix of 1 X 1-bed, 1-bath unit and 7 X 2-bed, 1-bath units. The Property provides a unique opportunity to complete unit upgrades and take advantage of current market rate rents in Oakland, one of the most expensive rental markets in the United States. The property has also recently been repainted and a new fire alarm system has been installed. The current owner has applied for a capital improvement pass-through for these improvements that, upon approval from the City of Oakland, will provide additional revenue over the next 5-10 years.
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Property details

Bathrooms
0 full, 0 partial
Square footage
6,052 sq ft
Lot size
1,742 sq ft lot
Year built
1907
Type
Multi Family
Parking spaces
Garage (0), Carport (0), Uncovered (0)

Listing information

MLS #
40896714
Listed by
Keith Manson, CBRE

MLS details

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This data was last updated on March 4, 2020 12:03:14 AM PST.


Location

Neighborhood
Downtown Oakland
Subdivision
Oakland Zip Code 94607
County
Alameda County
150 11th St, Oakland, CA 94607

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