237 41st St

Oakland, CA, 94611

$13,750,000

$484 per ft²
$13,750,000
$484 per ft²
Active
Active
 - For Sale
carpenters-square
28,399 ft²
property_type
Commercial
calendar
Built 1956
237-263 41st Street is a 48-unit apartment community located just steps from Piedmont Avenue in Oakland, CA. The property consists of two side-by-side twenty-four-unit buildings with a mix of one and two-bedroom units. Amenities include 46 covered parking spaces, four on-site laundry rooms, and storage closets. Both gas and electricity are individually metered and each unit is equipped with its own water heater. The property offers over $350,000 of annual rental upside allowing a new owner to maximize their return over time. Both buildings have been seismically retrofitted making this a true turn-key asset. This highly sought-after location will continue attracting premium tenants and maintain a low vacancy rate.
MLS® ID:
41014158
Listed:
11/13/22
Updated:
12/5/22

Interior Features

Kitchen Appliances
Gas Water Heater
Total Bedrooms
0
Total Bathrooms
0
Interior Features
Storage
Floor Description
Hardwood
Cooling
None
Heating
Wall Furnace

Exterior/Building Features

Lot Size
0.69 acres lot
Lot Details
Regular
Roof
Composition
Sewer
Public Sewer

Other Property Details

Area Name
Oakland Zip Code 94611
Garage
No
Parking
Carports - 2 Or More, Covered
View
N
County
Alameda
Utilities
All Public Utilities, Individual Gas Meter
Water Source
Public
Pool
No

Courtesy of NAI Northern California, Timothy Warren,
Listing Contact:  

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