175 Santa Rosa Ave

Oakland, CA 94610

$8,350,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1967

calendar_month Built

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.

Listing Information

List Price $8,350,000
Status Active
MLS 41076507
HOA $0
Type Residential Income
Year Built 1967
Lot Size 19,300
Structure Size N/A
DOM 7
Courtesy Of NAI Northern California
Listing Agent Timothy Warren DRE#02008347

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Timothy Warren, NAI Northern California 510-336-4719. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 23rd, 2024 at 3:20 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.