Description
809 E 28th St, a well-maintained 14-unit apartment community located in the heart of Oakland’s Ivy Hill Neighborhood. The property, featuring (6) large studio units, (7) 1-bedroom, 1-bathroom units, and (1) 2-bedroom, 1-bathroom unit, which is designed to maximize space and functionality. What sets this property apart is its unique and desirable corner lot, beautiful architecture with period-appropriate details, and five secured garage spaces. This day-one cash-flowing property offers significant rental upside and is strategically positioned to deliver long-term returns through unit remodels and upgrades. The property’s ability to attract premium tenants and maintain a very low vacancy rate, a feat it has achieved for over 22 years, provides potential investors with a sense of security and stability.
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- Original List Price$2,750,000
- MLS #41071136
- MLS #41071136
- CountyAlameda
- Cost2595000
- Acres0.0861
- Utility SourceOther
- Year Built1923
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Willem Bos (#BMLS-R02013980)
Listing Office: COMPASS (#BMLS-OBBCOMP)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
