303 Lee ST, Oakland, CA 94610

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Listed by Alina Siert, 408-712-7692 from KW Advisors
(If provided) CoList: from

List Price
$6,995,000
MLS#
ML82064394
Status
ACTIVE
Sqft. of Residence
18,720
Lot Size
8,712
Listing Area
Oakland Zip Code 94610
Year Built
1964

Property Description

25 apartments at 303 Lee Street (Lake Side Apartments), an elevator building built in 1964 with about 18,720 SF: 18 one-bedrooms and 7 two-bedrooms, including a two-bedroom, two-bath penthouse. Poured-in-place concrete garage, coin-operated laundry on site, and about 80% of units renovated. Sewer lateral certified by EBMUD through 2029. Market rents run about 11% above in-place rents. In Adams Point on a tree-lined street about 0.3 mi from the Lake Merritt shoreline and Children's Fairyland, 0.2 mi from Whole Foods, near Grand Avenue and the Grand Lake Theatre, with 19th Street BART about 0.7 mi away and quick I-580 access. 5.64% current cap; 5.68% pro forma cap. Existing financing in place. Motivated ownership: all offers reviewed; Q4 2026 close preferred.

Additional Information

Cooling System
Other
Days On Market
Unknown
Foundation
Other
Garage Parking
Assigned Spaces
Heating System
Other
Living Area
18,720
Lot Size
8,712
Neighborhood
Oakland Zip Code 94610
Other Utilities
Other
Roof
Other
Sewer
Other
Unincorporated Yn
Yes
Zoning
R-80

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