MLS® ID: 40847992

1753 16Th Ave

OAKLAND, California, 94606

$895,000 Pending
  • 2 Beds
  • 1 Baths
  • 5520 SQFT
1753 16th Ave is fully rented 4plex located in Oakland’s San Antonio district within close proximity of a vibrant commercial zone w/restaurants, shops & services. Originally built in 1910, this building consists of two 2 BD/1 BA units & two 1 BD/1 BA units. The property presents an opportunity for immediate cash flow with rental upside*. All tenants are on month-to- month leases with most at below market rents. This allows for the next investor the opportunity to raise rents upon turnover and increase cash flow. New roof; all units are separately metered for PG&E. • 1749 (Upstairs): 2BD/1BA - 1,063sf - $1,500/mo • 1751 (Downstairs): 1BD/1BA - 635sf - $900/mo • 1753 (Downstairs): 1BD/1BA - 1,080sf - $1,500/mo • 1755 (Upstairs): 2BD/1BA -1,052sf - $1,500/mo (OHA Sec 8) On-site laundry & storage 1.7mi to the Lake Merritt & Fruitvale BART Stations Convenient Freeway Access *Buyer to investigate with Oakland RAP regarding deferred allowable rent increases.
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Listing courtesy of RED OAK REALTY

Amenities

  • Full baths
    1
  • Full Baths Range
    1 Bath
  • Total Baths
    1
  • Zip
    94606
  • Office name
    RED OAK REALTY
  • SQFT
    5520
  • Bedrooms
    2
  • Property type
    FOURPLEX
  • Elementary school
    Oakland (510) 879-8111
  • Junior high
    Oakland (510) 879-8111
  • Year built
    1910
  • Lot size
    0.13
  • Sewer
    Sewer System - Public,Water - Public
  • Heating
    Gas
  • Agent name
    SARA GARABEDIAN
  • Tax amount
    $ 0
  • Purchase Type
    Pending
  • Price Range
    $800k-$900k
  • Square Feet Range
    5000-7000 sq ft.
  • Bedrooms Range
    2.0 Beds
  • Year Built Range
    1989 (and earlier)
  • Office ID
    6960

Location

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