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Key Details
Sold Price $1,430,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 424031480
Sold Date 11/19/24
Bedrooms 9
HOA Y/N No
Property Description
Price lowered!!! Offers reviewed as received. 640 E 15th Street(cross St @ 7th Ave) is in Oakland, CA 94606 and located in the east of Lake Merritt shoreline. This attractive and well-maintained residential income apartment building was completely rebuilt from the ground-up in year 2010, a newer building on this quiet block of the neighborhood, that consists of 9 Units (three studios, three 1br, three 2br)with gas stoves and common area hardwood flooring, 2 leased washers and 2 leased dryers in the building, 9 storage cabinets in basement and 3 detached garages. The exterior building was just painted. All units are fully occupied by tenants. Low expenses w/decent rental income. Cap Rate 6%.
Location
State CA
County Alameda
Area Oakland Zip 94606
Rooms
Basement Storage Space
Interior
Fireplace No
Laundry Coin Operated, Common Area
Exterior
Garage Spaces 3.0
Total Parking Spaces 3
Building
Lot Description Corner Lot
Story 3
Sewer Public Sewer
Level or Stories Three Or More
New Construction No
Others
Tax ID 020017601000
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Rebecca Brooks
San Francisco Bay Area Team Leader | License ID: 1249870
San Francisco Bay Area Team Leader License ID: 1249870