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$ 3,080,000
Est. payment | /mo
3 Beds
3 Baths
8,259 SqFt
$ 3,080,000
Est. payment | /mo
3 Beds
3 Baths
8,259 SqFt
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 8,259 sqft
Price per Sqft $372
Lot Size 4,900 Sqft
MLS Listing ID ML82042473
Bedrooms 3
Full Baths 3
Property Description
Marcus & Millichap is pleased to present 185 15th Street, a 14-unit apartment community located just two blocks from Lake Merritt in the heart of Downtown Oakland. This well-located asset offers a strong value-add opportunity in one of Oaklands most desirable rental markets. The property has seen major capital improvements, including all new dual-pane windows, a completed seismic retrofit per city ordinance, and several renovated units. Additionally, six vacant units provide a clear path to renovate and lease at full market rents. With a prime location and meaningful upside, 185 15th Street is well-positioned for both immediate income growth and long-term appreciation.
Location
State CA
County Alameda
Area Oakland Zip Code 94612
Zoning RM
Interior
Heating Gas
Cooling None
1-purchase type For Sale
Exterior
Garage On Street
Utilities Available Public Utilities
Roof Type Shingle
Building
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 008-0628-002
Security Features None
Special Sale Not Applicable
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Listed by Eymon Binesh of Marcus & Millichap
Bought with Eymon Binesh of Marcus & Millichap
Bought with Eymon Binesh of Marcus & Millichap
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Robert Lucido
Advisor | yjnn 4444789