1125 11th AVE, Oakland, CA 94606

$1,000,000
7
BD
3,184
SqFt

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Listed by Gabriel Ramirez-Perez, 408-384-9055 from Realty World Dominion
(If provided) CoList: from

Sold listing courtesy of Phil Roza from CJP

Sold Price
$1,000,000
List Price
$1,200,000
Closing Date
Mar 29, 2024
MLS#
ML81947631
Status
SOLD
Zoning
R
Sqft. of Residence
3,184
Lot Size
9,000
Listing Area
Oakland Zip Code 94606

Property Description

Phenomenal opportunity for the seasoned investor. 4 detached buildings with 5 units (4 units plus a Studio) in a gated access community, 3 of which are vacant and can be rented at market rate. Oakland's East Peralta neighborhood district is within close proximity of a vibrant commercial zone with w/restaurants, shops & services. This asset consists of four 2 BD/1 BA units, plus 1 Studio. The property presents an opportunity for immediate cash flow with rental upside. The current tenant is on mont-to-month leases at below-market rents. Solar panels on one unit.

Additional Information

Acres
0.21
Age
115
Cooling System
Other
Days On Market
Unknown
Foundation
Concrete Perimeter
Garage Parking
Uncovered Parking
Heating System
Other
Living Area
3,184
Lot Size
9,000
Neighborhood
Oakland Zip Code 94606
Other Utilities
Public Utilities
Roof
Shingle
Sewer
Sewer - Public
Unincorporated Yn
Yes
Zoning
R

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