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1504 13th Ave
Oakland, CA 94606 East Lake

$1,550,000 USD

Apartments For Sale  •  6,693 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,693 SF
  • Lot Size 0.07 AC
  • Building Class C
  • Year Built 1897
  • Zoning C40, Oakland
56 Transit Score
92 Walk Score

Highlights

8-unit Oakland multifamily property
Strong in-place cash flow at a 7.78% cap rate
Two vacant units provide immediate rent upside
Unit mix: six (6) 2-bedroom units and two (2) 3-bedroom units
Significant renovations completed in the 1990s during a legal conversion of a commercial space to residential use
Well-located urban asset with long-term appreciation potential

Public Transportation

Commuter RailDriveWalkDistance
5 min - 1.8 mi
12 min - 6.9 mi
AirportDriveWalkDistance
Metro Oakland International 13 min - 7.6 mi
San Francisco International 39 min - 25.1 mi
Norman Y Mineta San Jose International 49 min - 39.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Sam Hayes 510-759-6844 NAI Northern California
Sam Hayes 510-759-6844 NAI Northern California