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Listed by Steven Peterson, DRE #01746140 • Infinity Investments
$ 2,598,000
Est. payment /mo
Pending
2605 9th Ave Oakland, CA 94606
7,732 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Pending
Purchase Type For Sale
Square Footage 7,732 sqft
Price per Sqft $336
MLS Listing ID BE41127172
Year Built 1964
Lot Size 7,600 Sqft
Property Sub-Type Five or More Units
Source Bay East
Property Description
This very nostalgic 2 story property is located at 2605 9th Ave in Oakland California. It has 7,600 rentable square feet, with 10 large units including 8 two-bedroom one-bathroom and 2 one-bedroom/one bathroom all with private baths and kitchens on a .17 acre lot with 10 parking spaces. The property was built in 1964, with a concrete perimeter foundation, exterior walls are wood, and the roof is composition shingle. There is laundry on site. 100% of the units have been renovated and are brand new. All units have separate gas + electric meters and individual hot water heaters minimizing the owner's expenses. This building allows the next owner to increase returns and leverage investment in the hot Oakland market. The subject has no deferred maintenance and is in good condition. 2605 9th Ave blends historic charm with urban realities, offering affordable living with great potential and a strong sense of community, particularly appealing to those seeking proximity to medical facilities and a diverse, established neighborhood. The quality of the building is maintained with pride. The units are separately metered for gas and electricity. The units have pleasant views from the entry and living room of upstairs units. The laundry is coin operated for additional income.
Location
State CA
County Alameda
Area Oakland Zip Code 94606
Interior
Heating Electric
Exterior
Exterior Feature Composition Shingles, Wood Frame, Brick Veneer
Garage Spaces 10.0
Others
Tax ID 22-341-13
Special Listing Condition Not Applicable
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