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Listed by AARON MANZA • KELLER WILLIAMS PREMIER PROPER
$ 2,800,000
Est. payment /mo
New
Oakland, CA 94601
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS-25210412
Tax Year 2024
Property Sub-Type Mixed Use
Property Description
Outstanding mixed-use investment in Oakland's Fruitvale District along the International Boulevard corridor. The ±13,144 SF, 3-story building consists of 13 residential units plus a ground-floor retail/office space currently available for immediate occupancy. The asset is generating a 6% in-place cap rate with upside through lease-up and operational efficiencies. Strong value-add potential positions the property for stabilized returns well above current performance at full occupancy. Located on a high-traffic arterial with direct access to BART and public transit, the property offers investors an excellent opportunity to acquire a well-located, income-producing asset with both current cash flow and long-term appreciation potential.
Location
State CA
County Alameda
Interior
Laundry None
Exterior
Utilities Available Sewer Connected, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected
Building
Lot Description 0-1 Unit/Acre
