809 E 28Th St
Oakland, CA 94610
$155,000.00 (-5.64%)
Active for $2,595,000
Beds: N/A Baths: Structure Size: N/A sqft Lot Size: 3,750 sqft
MLS | 41071136 |
Year Built | 1923 |
Property Type | |
County | Alameda |
Status | Active |
Active | $2,595,000 |
Structure Size | N/A sqft |
Lot Size | 3,750 sqft |
Beds | N/A |
Baths |
Description
809 E 28th St, a well-maintained 14-unit apartment community located in the heart of Oakland’s Ivy Hill Neighborhood. The property, featuring (6) large studio units, (7) 1-bedroom, 1-bathroom units, and (1) 2-bedroom, 1-bathroom unit, which is designed to maximize space and functionality. What sets this property apart is its unique and desirable corner lot, beautiful architecture with period-appropriate details, and five secured garage spaces. This day-one cash-flowing property offers significant rental upside and is strategically positioned to deliver long-term returns through unit remodels and upgrades. The property’s ability to attract premium tenants and maintain a very low vacancy rate, a feat it has achieved for over 22 years, provides potential investors with a sense of security and stability.
Listing information courtesy of: Willem Bos, COMPASS 916-698-9954. *Based on information from the Association of REALTORS/Multiple Listing as of 11/22/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.