1218 13Th Ave
1218 13Th Ave Oakland, California 94606 United States

$1,500,000
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Listing Courtesy of KELLER WILLIAMS REALTY
$1,500,000
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6,747 Sq Ft.
Interior
7,000 Acres
Exterior
Commercial
Property type
1902
Year Built
40988220
Web Id
40988220
MLS ID
Oakland Unified
School District
49
days ago
This Property is Currently Contract Pending

About 1218 13Th Ave

For patient investors seeking 10% CAP opportunities, sit up and take notice of Oaklands 1218 13th avenue. Located in the restaurant-laden, walker-friendly (93 Walk Score and a 94 Bike Score) neighborhood of East Peralta, this is a 10-unit property split between two fourplexes (each is a 2X 1BR/1BA, 2X 2BR/1BA layout) and a single duplex (two, 3BR/1BA). Close to Laney College, Lake Merritt, the Oakland Estuary, BART, and Interstate-880, the position of this property is sure to make it a popular choice among future renters, who will no doubt be happy to pay the market rents of $2,050 per unit (nearly 40% more than the current per unit rents of $1,275). Eight of the ten units are individually metered for water, gas, and electricity making it easy for the new owners to pass on utility costs. No onsite parking but ample street parking is available. Current owners of 1218 13th avenue are asking for $150,000 per door.

Listing Courtesy of Joey Wang , Keller Williams Realty

features

Additional Listing Type
In Contract

PROPERTY INFORMATION

Appliances
Free-Standing Range, Refrigerator, Gas Water Heater
Heating
Natural Gas, Wall Furnace
Parking Description
On Street
View
Bay, Downtown, San Francisco
Water
Public

EXTERIOR

Construction
Wood Siding
Lot Description
2 Houses / 1 Lot, Security Gate
Roofing
Composition Shingles

INTERIOR

Flooring
Hardwood Flrs Throughout, Laminate, Vinyl, Carpet
Listing Courtesy of KELLER WILLIAMS REALTY
Listing Courtesy of KELLER WILLIAMS REALTY
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