Homes for sale - 175 Santa Rosa Ave, Oakland, CA 94610

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Rick Lee

Real Brokerage Technologies, Inc

rickjleehomes@gmail.com +1(714) 943-1598

$ 8,350,000

Est. payment -/mo

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Active

175 Santa Rosa Ave Oakland, CA 94610

0.44 Acres Lot

UPDATED:

12/05/2024 05:29 AM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41076507

HOA Y/N No

Year Built 1967

Lot Size 0.443 Acres

Property Description

175 Santa Rosa Avenue is a 33-unit apartment community located on a quiet tree-lined street in Oakland's Grand Lake Neighborhood. The property consists of a mix of one and two-bedroom units with a large 2,000+ square foot penthouse occupying the fourth floor. Amenities include 34 garage parking spaces, three on-site laundry rooms, and covered balconies. Capital Improvements include a new roof, fresh exterior paint, new hot water heaters, and an updated intercom system. The property offers excellent in-place cash flow with over $220,000 of annual rental upside allowing a new owner to maximize their return over time. The building is seismically exempt making this a true turn-key asset. This highly sought-after location will continue attracting premium tenants and maintain a low vacancy rate.

Location

State CA

County Alameda

Interior

Heating Electric, Wall Furnace

Cooling None

Fireplace No

Appliance Gas Water Heater

Exterior

Roof Type Composition

Total Parking Spaces 34

Others

Tax ID 10817311

Listed by Timothy Warren • NAI Northern California

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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Rick Lee

175 Santa Rosa Ave Oakland, CA 94610

Key Details

Location

Interior

Exterior

Others

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175 Santa Rosa Ave