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368 Adams St
Oakland, CA 94610 Adams Point

$1,295,000 USD

Apartments For Sale  •  3,787 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,275 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1925
  • Cap Rate 5.54 %
  • Zoning R-70, Oakland
70 Transit Score
80 Walk Score

Highlights

5-Unit Apartment Complex Offering Three Large 1BD/1BA Units and Two Studio Apartments in Popular Adams Point Neighborhood
Remodeled Units with Many Capital Improvements Including a New Roof, Fresh Exterior Paint, and Electrical Upgrades
Updated Kitchens and Bathrooms Featuring Granite Countertops, New Cabinets, Wood Floors, Custom Tile and More
Easy-to-Manage Property 100% Occupied, Providing Immediate Rental Income and Stable Day-One Cash Flow
High Demand Adams Point and Lake Merritt Location Near Grand Lake, Downtown Oakland, BART, Popular Restaurants, Coffee Shops, Shopping, and Local Scho
Cap Rate: 5.54 %

Major Tenants

Tenant SF Occupied Lease End Date
Emerald Moving & Storage
Martinez & Catechis Adventure Holdings, Llc

Public Transportation

Commuter RailDriveWalkDistance
Oakland (Capitol Corridor - Amtrak, Coast Starlight - Amtrak) 6 min - 2.3 mi
Emeryville (California Zephyr - Amtrak, Capitol Corridor - Amtrak, Coast Starlight - Amtrak) 7 min - 4.0 mi
AirportDriveWalkDistance
Metro Oakland International 17 min - 10.3 mi
San Francisco International 35 min - 23.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Surface
Included in Rent: Yes
David Howarth 510-822-1331 Pinza Group
David Howarth 510-822-1331 Pinza Group