740 Alcatraz Ave, Oakland, CA 94609
-
Listed Price :
$1,225,000
-
Beds :
N/A
-
Baths :
-
Property Size :
N/A sqft
-
Year Built :
1910
Property Description
This 5-unit apartment building at 740 Alcatraz Ave is a unique investment opportunity in the tenant-friendly South Berkeley boarder. The property consists of 5 well-maintained units: 3 - studios, 1 - one bedroom, 1 - spacious two-bedroom, and 6 private garages. Three units have been tastefully renovated, and the building offers tenants on-site coin-op laundry and ample storage space in the basement. The six private garages in a separate structure on the back of the property provide a new investor with over $14,000 additional annual income with room to grow. With its separate gas and electricity meters and convenient location, the building is a stable investment for any investor. It offers easy access to the CA-24 freeway and is within walking distance of Ashby BART. This well-maintained building is priced to sell at only $250k per unit and gives investors an achievable rental upside in a currently stable building.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Interior Information |
| Cooling Type |
See Remarks |
Listing Information
| Address |
740 Alcatraz Ave |
| City |
Oakland |
| State |
CA |
| Zip |
94609 |
| County |
Alameda |
| Listing Agent |
Willem Bos DRE #02013980 |
| Courtesy Of |
COMPASS |
| List Price |
$1,225,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
N/A |
| Lot Size |
6,000 |
| Year Built |
1910 |
Listing information courtesy of: Willem Bos, COMPASS. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 5th, 2024 at 3:21 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
