Description
Bay's elite investments is pleased to present to the seasoned investors a unique investment property in a solid oakland location in the bartlett/allendale neighborhood. this 18 unit apartment complex features six 2 bed/1bath and twelve 1bed/1bath units with and four 1bd/1bth units with market rate tenants, with an excellent long-term upside. the property was originally built in 1954, offers approximately 11,960 square feet www.eliteinvests.com of rental space, and sits on a 1/2 acre lot with 18 parking space, majority of them being carports (1 to 1 ratio). some units have been remodeled over time and offer newer kitchens and bathrooms, vinyl floors, and so on. the building is located about 3 minutes from 580 freeway with a quick and easy commute to oakland lake merritt or a 30 minute drive to downtown san francisco. fruitvale bart is literary a 5 minute drive or bike ride south on 35th ave or 10 minutes on bus. the current owners have made substantial capital expenditures in the property in the past several years. the roof of both buildings have been replaced and recoated in 2024 and 2025 at a cost of approximately $40,000. the property has been earthquake retrofitted at a cost of about $110,000 in 2024. and the units have been extensively rehabbed upon turnover.
Property Type
Residential IncomeCounty
AlamedaStyle
Residential IncomeAD ID
49367199
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 0
Interior Features
- Roof : Foam
- Property Appliances: Dryer,Washer
Cooling Features
- None
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
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Exterior Features
Building Information
- Year Built: 1956
- Construction: See Remarks,Stucco,Wood Siding
- Roof: Foam
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.5
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 21780
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Listing Information
Listing Price Information
- Original List Price: 2,750,000
- Listing Contract Date: 2025-04-15
Lease Information
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Taxes / Assessments
Tax Information
- Parcel Number: 32210135
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Gas
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood:
- Directions: South on 35th Ave off 580 HW Cross Street: Lyon & Brookdale.
- Source Property Type: Residential Income
Building and Construction
- Property Age: 69
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 04/25/2025 @ 07:58
- MLS: 41093383
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 21,780 sized lot, and 0 parking. are nearby neighborhoods.