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515 E 11th St
Oakland, CA 94606 East Lake

$695,000 USD

Apartments For Sale  •  3,181 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,181 SF
  • Lot Size 0.09 AC
  • Building Class C
  • Year Built 1906
  • Cap Rate 5.96 %
  • Zoning HBX-2 , S-13
80 Transit Score
80 Walk Score

Highlights

Upside with 1 vacant unit and below market rents
Opportunity to decrease expenses through RUBS
Located a short walk from Laney College which enrolls roughly 17,000 students
Low price point allowing a lower barrier of entry for first time owners
Cap Rate: 5.96 %

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Heating
  • Ceiling Fans
  • Refrigerator
  • Oven

Public Transportation

Commuter RailDriveWalkDistance
3 min - 1.2 mi
12 min - 6.1 mi
AirportDriveWalkDistance
Metro Oakland International 14 min - 8.3 mi
San Francisco International 38 min - 24.4 mi
Norman Y Mineta San Jose International 50 min - 39.8 mi
Logan Stone 415-287-2954 Matthews Real Estate Investment Services
Logan Stone 415-287-2954 Matthews Real Estate Investment Services