CA > Oakland
Oakland, CA 94601,2550 35th ave
Oakland, CA 94601,2550 35th ave
Oakland, CA 94601,2550 35th ave
Additional details
Paul Ward

Paul Ward

+1(805) 479-5004
$2,750,000
Est. payment /mo
0.5 Acres Lot
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41093383

HOA Y/N No

Year Built 1956

Lot Size 0.500 Acres

Property Description

Bay's Elite Investments is pleased to present to the seasoned investors a unique investment property in a solid Oakland location in the Bartlett/Allendale neighborhood. This 18 unit apartment complex features Six 2 bed/1bath and Twelve 1bed/1bath units with and four 1bd/1bth units with market rate tenants, with an excellent long-term upside. The property was originally built in 1954, offers approximately 11,960 square feet www.eliteinvests.com of rental space, and sits on a 1/2 acre lot with 18 parking space, majority of them being carports (1 to 1 ratio). Some units have been remodeled over time and offer newer kitchens and bathrooms, vinyl floors, and so on. The building is located about 3 minutes from 580 freeway with a quick and easy commute to Oakland Lake Merritt or a 30 minute drive to downtown San Francisco. Fruitvale BART is literary a 5 minute drive or bike ride south on 35th Ave or 10 minutes on bus. The current owners have made substantial capital expenditures in the property in the past several years. The roof of both buildings have been replaced and recoated in 2024 and 2025 at a cost of approximately $40,000. The property has been earthquake retrofitted at a cost of about $110,000 in 2024. And the units have been extensively rehabbed upon turnover.

Location

State CA

County Alameda

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Appliance Dryer, Washer

Exterior

Roof Type Foam

Total Parking Spaces 18

Others

Tax ID 32210135

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California Regional MLS (CRMLS)
Listed by Pedram Karbassi • Bay's Elite Investments

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agent

Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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