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Listed by Infinity Investments
$ 2,598,000
Est. payment | /mo
7,732 SqFt
$ 2,598,000
Est. payment | /mo
7,732 SqFt
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Pending
Purchase Type For Sale
Square Footage 7,732 sqft
Price per Sqft $336
Subdivision Ivy Hill
MLS Listing ID 41127172
HOA Y/N No
Year Built 1964
Lot Size 7,600 Sqft
Property Sub-Type 5 or More Units
Source BAY EAST
Property Description
This very nostalgic 2 story property is located at 2605 9th Ave in Oakland California. It has 7,600 rentable square feet, with 10 large units including 8 two-bedroom one-bathroom and 2 one-bedroom/one bathroom all with private baths and kitchens on a .17 acre lot with 10 parking spaces. The property was built in 1964, with a concrete perimeter foundation, exterior walls are wood, and the roof is composition shingle. There is laundry on site. 100% of the units have been renovated and are brand new. All units have separate gas + electric meters and individual hot water heaters minimizing the owner's expenses. This building allows the next owner to increase returns and leverage investment in the hot Oakland market. The subject has no deferred maintenance and is in good condition. 2605 9th Ave blends historic charm with urban realities, offering affordable living with great potential and a strong sense of community, particularly appealing to those seeking proximity to medical facilities and a diverse, established neighborhood. The quality of the building is maintained with pride. The units are separately metered for gas and electricity. The units have pleasant views from the entry and living room of upstairs units. The laundry is coin operated for additional income.
Location
State CA
County Alameda
Interior
Heating Electric, See Remarks
Cooling See Remarks
Flooring See Remarks
Fireplace No
Building
Lot Description See Remarks
Water See Remarks
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