1528 Alice ST, Oakland, CA 94612 - MLS#ML81994467

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April Tavares

april@apriltavares.com +1(408) 309-5471

Listed by Robert Johnston • Marcus & Millichap

$ 2,598,000

Est. payment | -/mo

3 Beds

2 Baths

9,721 SqFt

Save

$ 2,598,000

Est. payment | -/mo

Save

3 Beds

2 Baths

9,721 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 9,721 sqft

Price per Sqft $267

MLS Listing ID ML81994467

Bedrooms 3

Full Baths 2

Year Built 1910

Lot Size 6,700 Sqft

Property Sub-Type Five or More Units

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

Area Oakland Zip Code 94612

Zoning R-90

Interior

Heating Wall Furnace

Cooling Other

Exterior

Parking Features On Street

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Flat / Low Pitch

Building

Foundation Concrete Grid

Sewer Sewer Connected

Water Public

Others

Restrictions None

Tax ID 008-0627-033

Security Features Other

Special Listing Condition Not Applicable

+1(408) 309-5471

april@apriltavares.com

19990 Stevens Creek Blvd. # 100, Cupertino, CA, 95014, United States

1528 Alice ST Oakland, CA 94612