905 E 11Th St

Oakland, CA 94606

$975,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1896

calendar_month Built

Property Description

www.pinzaoaklandportfolio.com; The Pinza Group is pleased to present 905 E 11th St, a distinguished Victorian building in Oakland's sought-after East Peralta neighborhood. This property offers seven units comprised of six studios and one 1bd/1bth unit. The current rental rates are set at approximately 40% below market, unveiling a substantial opportunity for significant rental upside upon turnover, capital improvement pass-throughs, or tenant buy-outs. With its clear potential for growth, this property stands as an excellent investment avenue suitable for both established investors and new investors looking to enter the market at a low basis. Current GRM 9.87; Market GRM 6.43; Email agent on property website for more info.

Listing Information

List Price $975,000
Status Active
MLS 41070068
HOA $0
Type Residential Income
Year Built 1896
Lot Size 5,000
Structure Size N/A
DOM 7
Courtesy Of The Pinza Group, Inc
Listing Agent Steven Pinza DRE#01867691

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type See Remarks

Exterior Information

Maps

Listing information courtesy of: Steven Pinza, The Pinza Group, Inc . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:33 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.