175 Santa Rosa Ave, Oakland, CA 94610
-
Listed Price :
$8,350,000
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Beds :
N/A
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Baths :
-
Property Size :
N/A sqft
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Year Built :
1967
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.
Interior Features
Bedroom Information |
Bedrooms |
N/A |
Interior Information |
Cooling Type |
None |
Listing Information
Address |
175 Santa Rosa Ave |
City |
Oakland |
State |
CA |
Zip |
94610 |
County |
Alameda |
Listing Agent |
Timothy Warren DRE #02008347 |
Courtesy Of |
NAI Northern California |
List Price |
$8,350,000 |
Status |
Active |
Type |
Residential Income |
Structure Size |
N/A |
Lot Size |
19,300 |
Year Built |
1967 |
Listing information courtesy of: Timothy Warren, NAI Northern California. *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.