NEW PRICE | 3020-3025 35th Avenue is exceptionally well maintained, multi-family property located just below the Laurel District in the vibrant Allendale neighborhood. This investment opportunity offers significant rental upside potential and value enhancement opportunities, making it ideal for both seasoned investors and newcomers. Constructed in 1961, this two-story, wood-framed building features a durable stucco exterior and is situated on a generous 14,600 square foot lot, offering a total of 17,016 rentable square feet. The property comprises 18 units, thoughtfully designed to accommodate various tenant needs, along with carport parking for tenant convenience. Unit Mix: o 2 one-bedroom, one-bathroom units (NC) o 15 two-bedroom, one-bathroom units o 1 three-bedroom, one-bathroom unit (NC) The property has seen several significant upgrades, ensuring low future repair and maintenance costs. Updates include a new roof and exterior paint (2018), seismic retrofit (2020), 4 fully renovated units and 6 partially renovated units, new windows (2022) and work has begun on balcony and raised walks to ensure compliance with current safety regulations. In addition, this property features a manager’s office & storage space (for the owner only), as well as onsite laundry facilities.
Property Details
Price:
$3,225,000
MLS #:
41089645
Status:
Active
Baths:
0
Address:
3020 35th Avenue
Type:
Residential Income
City:
Oakland
Listed Date:
Mar 15, 2025
State:
CA
ZIP:
94619
Lot Size:
14,600 sqft / 0.34 acres (approx)
Year Built:
1961
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Schools
Interior
Cooling
None
Heating
Wall Furnace
Exterior
Parking Spots
18.00
Financial
Association Fee
0.00
Tenant Pays
Gas
Map
Community
- Address3020 35th Avenue Oakland CA
- CityOakland
- CountyAlameda
- Zip Code94619
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3020 35th Avenue
Oakland, CA
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