175 Santa Rosa Ave, Oakland, CA 94610 - MLS#EB41076507

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Eric Boyenga

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

$ 8,350,000

Est. payment | -/mo

34,767 SqFt

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$ 8,350,000

Est. payment | -/mo

Save

34,767 SqFt

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

Originating Board Bridge MLS

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

Tax ID 10-817-31-1

Special Listing Condition Not Applicable

Listed by Timothy Warren • NAI Northern California

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA