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Listed by Steven Pinza • The Pinza Group, Inc
$ 1,095,000
Est. payment | /mo
4,132 SqFt
$ 1,095,000
Est. payment | /mo
4,132 SqFt
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,132 sqft
Price per Sqft $265
MLS Listing ID 41070302
HOA Y/N No
Originating Board Bridge AOR
Year Built 1922
Lot Size 3,600 Sqft
Property Description
www.pinzaoaklandportfolio.com; The Pinza Group proudly presents 745 E 11th St in Oakland, a unique investment opportunity in the sought-after East Peralta neighborhood. This property comprises a well-maintained 8-unit building with spacious studio apartments. Conveniently located near the Lake Merritt BART station, this property is ideal for commuters, adding to its appeal for potential tenants. The property also offers potential for rental rate increases and value appreciation over time, making it a great investment option for both seasoned investors and those seeking stable returns. With its prime location, tenant amenities, and growth potential, it's a standout opportunity in the Oakland real estate market. Current GRM 10.71; Market GRM 6.73. 751 E 11th St, next door, is also available. Email agent on property website for more info.
Location
State CA
County Alameda
Interior
Heating Other
Cooling Other
Flooring Other
Fireplace No
Building
Lot Description Other
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Melanie Peterson-Katz
Partner | Lic# 00890767