Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1956
Sq.Footage
N/A
237-263 41st Street is a 48-unit apartment community located just steps from Piedmont Avenue in Oakland, CA. The property consists of two side-by-side twenty-four-unit buildings with a mix of one and two-bedroom units. Amenities include 46 covered parking spaces, four on-site laundry rooms, and storage closets. Both gas and electricity are individually metered and each unit is equipped with its own water heater. The property offers over $350,000 of annual rental upside allowing a new owner to maximize their return over time. Both buildings have been seismically retrofitted making this a true turn-key asset. This highly sought-after location will continue attracting premium tenants and maintain a low vacancy rate.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
N/A
-
Heating YN
YES
-
Heating
Wall Furnace
Exterior
-
Garage
No
-
Construction Materials
Stucco
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.68
-
Property Type
Residential Income
Price
-
Sales Price
$12,950,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
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Location
County
Alameda
Elementary School
Middle School
High School
Listing Courtesy of Timothy Warren , NAI Northern California
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