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$2,800,000
Est. payment /mo
5,000 Sqft Lot
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS25210412
HOA Y/N No
Tax Year 2024
Lot Size 5,000 Sqft
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
Fireplace No
Laundry None
Exterior
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
Building
Lot Description 0-1 Unit/Acre
Story 3
Water Public
Others
Tax ID 0332158001
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
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Listed by AARON MANZA KELLER WILLIAMS PREMIER PROPER 626-921-2599
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