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Listed by Robert Johnston • Marcus & Millichap
$ 2,598,000
Est. payment | /mo
9,721 SqFt
$ 2,598,000
Est. payment | /mo
9,721 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 9,721 sqft
Price per Sqft $267
MLS Listing ID ML81994467
HOA Y/N No
Originating Board Datashare MLSListings
Year Built 1910
Lot Size 6,700 Sqft
Property Sub-Type Other
Property Description
1528 Alice St is an exceptional 12-unit value-add investment opportunity located in the thriving city of Oakland, California. Situated on a 6,700 square foot parcel of land, the subject property was originally constructed in 1910 and has a gross building area of approximately 9,721 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom floor plans. The subject property offers tenants convenient community amenities such as on-site laundry, bicycle parking, and a common backyard area. The property is located in the exceptional neighborhood of Lakeside, a family friendly neighborhood positioned just west of Lake Merritt. One of the most unique neighborhoods in all of Oakland, Lakeside combines the exciting urban life of Downtown Oakland with the peaceful suburban feel of Lake Merritt. The investment appeal of this asset is driven by Oaklands strong employment fundamentals and low vacancy levels. With a world-class location in the heart of the East Bay, 1528 Alice St presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining and entertainment options.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling Other
Fireplace No
Building
Water Public
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Adam Shoop
Broker Associate at Exp Realty | Lic# 1782227