To access the marketing package, copy/paste: https://bit.ly/joeywanglistings. Meet Oakland’s 1739 10th Avenue: 7 units (1 – studio, 2 – 1BR/1BA, 4 – 2BR/1BA) less than 5 minutes from Lake Merritt and offered at $1,095,000 ($227 sq. ft.). This attractively priced investment opportunity is as unique as it is appealing. Consisting of a front building (5 units) and a rear building (2 units), it totals an impressive 4,817 sq. ft. and includes potential for ADU expansion. The property will be occupied at close, with tenants generating a comfortable $11,000 per month in cash flow. However, when rents can be set to market rates, 1739 10th Ave is predicted to generate $16,000 per month (+45% upside). Situated in the historic and popular Clinton neighborhood, this location offers tenants much in the way of walkability (89 Walk Score) and convenience. Not only is it a short distance from the Grand Lake and Lakeshore shopping districts, but it’s right by a major employer (Highland Hospital), incredible public spaces, and several commuter corridors (I-880, I-580, and BART).
Property Details
Price:
$1,095,000
MLS #:
41069019
Status:
Pending
Baths:
0
Address:
1739 10Th Ave
Type:
Residential Income
Subdivision:
CLINTON
City:
Oakland
Listed Date:
Aug 7, 2024
State:
CA
ZIP:
94606
Lot Size:
6,500 sqft / 0.15 acres (approx)
Year Built:
1900
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Gas Water Heater
Cooling
None
Heating
Wall Furnace
Exterior
Lot Features
Sloped Down
Parking Spots
1.00
Financial
Association Fee
0.00
Map
Community
- Address1739 10Th Ave Oakland CA
- SubdivisionCLINTON
- CityOakland
- CountyAlameda
- Zip Code94606
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1739 10Th Ave
Oakland, CA
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