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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

Showing: Sunday 9/27 from 2:00-4:00pm
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
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
Updated Kitchens and Bathrooms Featuring Granite Countertops, New Cabinets, Wood Floors, Custom Tile and More
Cap Rate: 5.54 %

Major Tenants

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

Public Transportation

Commuter RailDriveWalkDistance
7 min - 2.1 mi
8 min - 4.1 mi
AirportDriveWalkDistance
Metro Oakland International 18 min - 11.1 mi
San Francisco International 36 min - 23.0 mi
Norman Y Mineta San Jose International 54 min - 42.2 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