175 Santa Rosa Ave Active Save Request In-Person Tour Request Virtual Tour
Oakland,CA 94610
Key Details
Property Type Multi-Family
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 34,767 sqft
Price per Sqft $240
MLS Listing ID EB41076507
Year Built 1967
Lot Size 0.443 Acres
Property Description
175 Santa Rosa Avenue is a 33-unit apartment community located on a quiet tree-lined street in Oakland's Grand Lake Neighborhood. The property consists of a mix of one and two-bedroom units with a large 2,000+ square foot penthouse occupying the fourth floor. Amenities include 34 garage parking spaces, three on-site laundry rooms, and covered balconies. Capital Improvements include a new roof, fresh exterior paint, new hot water heaters, and an updated intercom system. The property offers excellent in-place cash flow with over $220,000 of annual rental upside allowing a new owner to maximize their return over time. The building is seismically exempt making this a true turn-key asset. This highly sought-after location will continue attracting premium tenants and maintain a low vacancy rate.
Location
State CA
County Alameda
Area Other Area
Interior
Heating Wall Furnace ,Electric
Cooling None
Flooring Vinyl,Carpet - Wall to Wall
Exterior
Exterior Feature Stucco
Garage Gate / Door Opener,Spaces per Unit - 1,Underground Parking
Garage Spaces 34.0
Roof Type Rolled Composition
Building
Lot Description Regular
Sewer Sewer - Public
Water Public,Heater - Gas
Others
Special Listing Condition Not Applicable