175 Santa Rosa Ave, Oakland, CA 94610

$11,250,000
33
SqFt
List Price
$11,250,000
Status
ACTIVE
MLS#
41017709
Year Built
1967
Property Type
Lowrise (1-3 Flrs)
Living Area
33
Lot Size
19,300
Acres
0.44
County
Alameda
Subdivision
Ca

Property Description

175 Santa Rosa Avenue is a 33-unit apartment community located on a quiet tree-lined street in Oakland's Grand Lake Neighborhood. The property consists of a mix of one and two-bedroom units with a large 2,000+ square foot penthouse on the fourth floor. Amenities include 34 garage parking spaces, three on-site laundry rooms, and covered balconies. Capital Improvements include a new roof, fresh exterior paint, new hot water heaters, and an updated intercom system. The property offers over $330,000 of annual rental upside allowing a new owner to maximize their return over time. The building is seismically exempt making this a true turn-key asset. This highly sought-after location will continue attracting premium tenants and maintain a low vacancy rate.

Additional Information

Exterior
Stucco
Flooring
Partial Carpeting, Vinyl
Lot Description
Regular
Parking Features
Below Ground Parking, Space Per Unit - 1
Roof
Rolled/Hot Mop
Water Sewer
Public

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Timothy Warren from NAI Northern California. 510-336-4719

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