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Key Details
Sold Price $2,225,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 40969556
Year Built 1964
Lot Size 6,699 Sqft
Property Description
1654 25th Avenue is well maintained 12 unit three story building located in Oakland's growing Fruitvale District. The property boast two spacious two bedroom one bathroom units, eight one bedroom one bathroom units, two Studio Unit and one storage/ non-conforming unit. Tenants enjoy secure gated access, on-site laundry and 12 on-site garage parking space. The property is individually metered for gas and electric allowing for lower operating expenses. Several of the units have been remodeled with updated kitchens, baths, paint and carpeting. 1654 25th Avenue is positioned for significate rental upside through turnover, banked rent and/or capital expenditures allowing both local and regional inventors the opportunity to acquire an investment in a popular market with strong growth potential of both income stream and investment value.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling None
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Bought with Stephen Pagones • KW Advisors
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Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
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