680-688 14Th St, Oakland, CA 94612
40 Unit Apartment Building | $7,500,000 ($187,500/Unit) | 6.70% Cap Rate | Oakland, CA 94612
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 7 days
Asking Price $7,500,000
- Property Type
-
Multifamily
- Square Feet
- 24,628 SF
Listing Contacts
Timothy Warren
Verified Profile
Kent Mitchell
Verified Profile
Randell Silva
Verified Profile
- Property Info
Property Overview
The Mitchell Warren Team is pleased to present 680 14th Street, Oakland, CA a 24,628 SF property, boasting historic charm from
its 1910 construction. The property features 43 units, consisting of 41 residential apartments and 5,600 SF of ground-floor
commercial space. Over $60,000 in recent capital improvements have been completed to the common areas. In addition, 17 units have been renovated including new kitchens, bathrooms, and flooring offering the buyer a proven template to maximize long-term cash flow. Don't miss the chance to invest in this thriving Oakland property with excellent commuter access and a unique blend of retail and residential spaces.
its 1910 construction. The property features 43 units, consisting of 41 residential apartments and 5,600 SF of ground-floor
commercial space. Over $60,000 in recent capital improvements have been completed to the common areas. In addition, 17 units have been renovated including new kitchens, bathrooms, and flooring offering the buyer a proven template to maximize long-term cash flow. Don't miss the chance to invest in this thriving Oakland property with excellent commuter access and a unique blend of retail and residential spaces.
Property Details
- Class
- C
- Year Built
- 1910
- Stories
- 4
- Property Subtype
- Storefront Retail/Residential, Office/Residential, Dormitory
- Lot Size (sq. ft)
- 7,405 SF
- Units
- 40
Highlights
- Consists of 41 Residential Apartments and 5,600 SF of Ground Floor Commercial Space
- 17 Units have been Renovated Including New Kitchens, Bathrooms, and Flooring
- Over $60,000 in Recent Capital Improvements to the Common Areas
- Walk Score of 85 and Bike Score of 86 Making it an Attractive Choice for Potential Tenants
- Short Walk to both Oakland's City Center, a Major Downtown hub, and Preservation Park
- Just Four blocks to the 12th Street BART Station Offering Complete Bay Area Access
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