1739 10Th Ave, Oakland, CA 94606
- $962,000
Listed by Joey Wang, (510) 592-4244 from Keller Williams Realty
(If provided) CoList: from
Sold listing courtesy of Uyen Nguyen from PAW
- Sold Price
- $962,000
- List Price
- $1,095,000
- Closing Date
- Jan 03, 2025
- MLS#
- EB41069019
- Status
- SOLD
- Lot Size
- 6,500
- Listing Area
- Oakland Zip Code 94606
- Year Built
- 1900
Property Description
To access the marketing package, copy/paste: https://bit.ly/joeywanglistings. Meet Oakland's 1739 10th Avenue: 7 units (1 - studio, 2 - 1BR/1BA, 4 - 2BR/1BA) less than 5 minutes from Lake Merritt and offered at $1,095,000 ($227 sq. ft.). This attractively priced investment opportunity is as unique as it is appealing. Consisting of a front building (5 units) and a rear building (2 units), it totals an impressive 4,817 sq. ft. and includes potential for ADU expansion. The property will be occupied at close, with tenants generating a comfortable $11,000 per month in cash flow. However, when rents can be set to market rates, 1739 10th Ave is predicted to generate $16,000 per month (+45% upside). Situated in the historic and popular Clinton neighborhood, this location offers tenants much in the way of walkability (89 Walk Score) and convenience. Not only is it a short distance from the Grand Lake and Lakeshore shopping districts, but it's right by a major employer (Highland Hospital), incredible public spaces, and several commuter corridors (I-880, I-580, and BART).
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Additional Information
- Acres
- 0.15
- Age
- 124
- Amenities
- None
- Cooling System
- None
- Days On Market
- Unknown
- Exterior Features
- Siding - Wood, Wood Frame
- Floor Covering
- Laminate, Tile, Vinyl, Carpet - Wall to Wall
- Garage Parking
- Parking Area
- Heating System
- Wall Furnace
- Laundry Facilities
- Washer, Community Facility, Dryer
- Lot Description
- Grade - Sloped Down
- Lot Size
- 6,500
- Neighborhood
- Oakland Zip Code 94606
- Numberof Units
- 7
- Other Rooms
- Basement - Unfinished
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
- Zoning
- RM-2
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