2306 Waverly St Active

Oakland,CA 94612

$ 2000000

- Bed

- Bath

10440 SqFt


Key Details

Property Type Multi-Family

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 10,440 sqft

Price per Sqft $191

MLS Listing ID EB41060912

Year Built 1911

Lot Size 8,000 Sqft

Property Description

The property is a well-maintained 12-unit apartment building located in Downtown Oakland, just steps from Lake Merritt. The property consists of two (2) 2 bedroom 1 bathroom units and ten (10) 1 bedroom 1 bathroom units with fourteen (14) off-street parking spots. Two units will be delivered vacant upon close of escrow. The property boasts beautiful 1900s architecture, hardwood floors, and period-appropriate details. The property offers over $100,000 of annual rental upside allowing a new owner to maximize their return over time. This highly sought-after location will continue to attract premium tenants and maintain a low vacancy rate. 2306 Waverly Street is located in Downtown Oakland steps from Lake Merritt. This property is less than a mile from the 19th Street BART station with easy access to interstates 580 and 880 for seamless connection to the entire San Francisco Bay Area. Residents enjoy endless amenities in Uptown, Downtown, and Lake Merritt, including Whole Foods, just a 5-minute walk away. The properties are walkable to both Kaiser Permanente (Oakland's Largest Employer) and Sutter Health Alta Bates Medical Center (Oakland's Second Largest Employer), earning a near-perfect Walk Score of 97!

Location

State CA

County Alameda

Area Other Area

Interior

Heating Steam

Cooling None

Flooring Carpet - Partial,Hardwood

Exterior

Exterior Feature Wood Shingles

Garage Spaces per Unit - 1

Garage Spaces 16.0

Roof Type Rolled Composition

Building

Lot Description Regular

Sewer Sewer - Public

Water Public,Heater - Gas

Others

Special Listing Condition Not Applicable

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