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Listed by Joey Wang • Keller Williams Realty
$ 1,900,000
Est. payment /mo
Active
305 Vernon St Oakland, CA 94610
6,518 SqFt
UPDATED:
11/29/2024 03:37 AM
Key Details
Property Type Commercial
Sub Type Apt Complex
Listing Status Active
Purchase Type For Sale
Square Footage 6,518 sqft
Price per Sqft $291
Subdivision Adams Point
MLS Listing ID 41066059
HOA Y/N No
Originating Board Bridge AOR
Year Built 1912
Lot Size 7,500 Sqft
Property Description
To access the marketing package, copy/paste: https://bit.ly/joeywanglistings. Oakland’s 305 Vernon Street is the perfect multifamily buy for an investor seeking a crown jewel for their portfolio. More than 6,500 sq. ft. in size, this nine-unit masterpiece (six studios, one 1BR/1BA, one 1BR/1.5BA, one 2BR/2BA) will be delivered fully vacant allowing the new owners to not only handpick their tenants and set market rents, but also customize each unit (or upgrade the entire building) to increase income potential. Located in the desirable Adams Point neighborhood, 305 Vernon is close to everything an occupant could want. Whole Foods?—Two blocks away. Lake Merritt?—Four blocks. The fantastic shopping, dining, and entertainment options of Grand Avenue and Lakeshore Avenue?—A quick eight-minute bike ride. Marquee employers such as Kaiser, Alta Bates, and PG&E?—A three-minute drive. Anyway you slice it, this is a rare opportunity to own a pride-of-ownership asset, delivered fully vacant, with laundry facilities onsite.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling None
Flooring Hardwood, Laminate, Tile, Vinyl, Carpet
Fireplace No
Appliance Gas Water Heater
Laundry 220 Volt Outlet, Common Area, In Unit
Building
Lot Description Paved
Water Public
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