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(408) 425-9359
Real Estate Company
2124 90th AVE, Oakland, CA 94603
- $4,995,000
- 14,026
- SqFt
Listed by Alina Siert, 408-712-7692 from KW Advisors
(If provided) CoList: from
- List Price
- $4,995,000
- MLS#
- ML82064076
- Status
- ACTIVE
- Sqft. of Residence
- 14,026
- Lot Size
- 28,000
- Listing Area
- Oakland Zip Code 94603
- Year Built
- 1964
Property Description
32 apartments, mostly townhome style, in two 16-unit, two-story buildings on two parcels (2124 90th Ave and 2125 92nd Ave), built in 1964: 26 two-bedrooms, 5 three-bedrooms and 1 four-bedroom in about 28,000 SF on about 0.64 acres. Gated, with on-site parking and two laundry rooms. City of Oakland soft-story exemption granted in 2024. Subject to a City of Oakland regulatory agreement through 12/2032 (at least 8 units at 80% AMI or below). Market rents run about 26% above in-place rents. In East Oakland off MacArthur Boulevard with quick I-580 access, near Coliseum BART / Amtrak, Eastmont Town Center and Oakland Airport. 11.43% current cap; 13.64% pro forma cap at market rents. Taxes reflect the seller's current welfare exemption; buyer to verify. 100% occupied per the rent roll.
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Additional Information
- Cooling System
- Other
- Days On Market
- Unknown
- Foundation
- Other
- Garage Parking
- Other
- Heating System
- Other
- Living Area
- 14,026
- Lot Size
- 28,000
- Neighborhood
- Oakland Zip Code 94603
- Other Utilities
- Other
- Roof
- Other
- Sewer
- Other
- Unincorporated Yn
- Yes
- Zoning
- C-10/R-50
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The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Real Estate Company are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
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