For Sale / CA / Alameda County / Oakland / 94608 / 3201 Adeline St

3201 Adeline St Oakland, CA 94608

  • For Sale $2,695,000

  1. 0 full, 0 partial baths
  2. 4,280 sq ft
  3. 4,791 sq ft lot
14-unit multifamily property located in Oakland on the Emeryville border. The property consists of 14 studio apartments, greatly increasing the price/SF rental yield and lowering maintenance and utility expenses. The building sits above eight covered parking spaces, increasing the desirability for tenants and offering the owner an additional revenue source. The property offers updated units with on-site laundry and tenant storage lockers. In addition, the property offers a significant value-add component, allowing the new owner impressive upside potential upon unit turnover. Located in Oakland's Clawson neighborhood just two blocks from Emeryville. Situated near the Bay Bridge Shopping Center, the property gives tenants the convenience of Target, Starbucks Coffee, Ikea, Best Buy, and much more all within walking distance. Tenants may also indulge in the best of Bay Street's restaurants and activities including the AMC Bay Street Movie Theater, Barnes and Noble, PF Changs.
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Property details

Bathrooms
0 full, 0 partial
Square footage
4,280 sq ft
Lot size
4,791 sq ft lot
Year built
1964
Type
Multi Family
Parking spaces
Garage (0), Carport (0), Uncovered (0)

Listing information

MLS #
40898978
Listed by
Timothy Warren, JOSEPH M. TAPIA, BROKER

MLS details

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This data was last updated on March 20, 2020 1:02:35 AM PDT.


Location

Neighborhood
West Oakland
Subdivision
Oakland Zip Code 94608
County
Alameda County
3201 Adeline St, Oakland, CA 94608

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