175 Santa Rosa Ave
Oakland, CA, 94610
$8,350,000
Beds
0 Baths
SqFt
0.44 Acres
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175 Santa Rosa Avenue is a 33-unit apartment community located on a quiet tree-lined street in Oakland’s Grand Lake Neighborhood. The property consists of a mix of one and two-bedroom units with a large 2,000+ square foot penthouse occupying the fourth floor. Amenities include 34 garage parking spaces, three on-site laundry rooms, and covered balconies. Capital Improvements include a new roof, fresh exterior paint, new hot water heaters, and an updated intercom system. The property offers excellent in-place cash flow with over $220,000 of annual rental upside allowing a new owner to maximize their return over time. The building is seismically exempt making this a true turn-key asset. This highly sought-after location will continue attracting premium tenants and maintain a low vacancy rate.

Property Details

Price:
$8,350,000
MLS #:
41076507
Status:
Active
Baths:
0
Address:
175 Santa Rosa Ave
Type:
Residential Income
City:
Oakland
Listed Date:
Oct 16, 2024
State:
CA
ZIP:
94610
Lot Size:
19,300 sqft / 0.44 acres (approx)
Year Built:
1967
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34.00
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175 Santa Rosa Ave
Oakland, CA