905 E 11th St, Oakland, CA 94606 - MLS#EB41070068 - Eric Boyenga

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Eric Boyenga

e@boyenga.com +1(408) 506-3942

$ 975,000

Est. payment | -/mo

2,755 SqFt

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$ 975,000

Est. payment | -/mo

Save

2,755 SqFt

Key Details

Property Type Multi-Family

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 2,755 sqft

Price per Sqft $353

MLS Listing ID EB41070068

Originating Board Bridge MLS

Year Built 1896

Lot Size 5,000 Sqft

Property Description

www.pinzaoaklandportfolio.com; The Pinza Group is pleased to present 905 E 11th St, a distinguished Victorian building in Oakland's sought-after East Peralta neighborhood. This property offers seven units comprised of six studios and one 1bd/1bth unit. The current rental rates are set at approximately 40% below market, unveiling a substantial opportunity for significant rental upside upon turnover, capital improvement pass-throughs, or tenant buy-outs. With its clear potential for growth, this property stands as an excellent investment avenue suitable for both established investors and new investors looking to enter the market at a low basis. Current GRM 9.87; Market GRM 6.43; Email agent on property website for more info.

Location

State CA

County Alameda

Area Other Area

Interior

Cooling Other

Flooring Other

Exterior

Exterior Feature Other

Garage Other

Garage Spaces 6.0

Roof Type Other

Building

Lot Description Other

Water Other

Others

Special Listing Condition Not Applicable

Listed by Steven Pinza • The Pinza Group, Inc

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA