1739 10Th Ave
Oakland, CA, 94606
$1,095,000
Beds
0 Baths
SqFt
0.15 Acres
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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
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1739 10Th Ave
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