Oakland, CA 94606,1739 10Th Ave
Listed by Joey Wang • Keller Williams Realty
Bought with Uyen Nguyen • Pacificwide Real Estate & Mortgage

$962,000

Est. payment /mo

$1,095,000

12.1%
Est.Price: ?

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1739 10Th Ave Oakland, CA 94606

4,817 SqFt

SOLD DATE : 01/03/2025

Key Details

Sold Price $962,000

Property Type Commercial

Sub Type 5 or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 4,817 sqft

Price per Sqft $199

Subdivision Clinton

MLS Listing ID 41069019

Sold Date 01/03/25

HOA Y/N No

Originating Board Bridge AOR

Year Built 1900

Lot Size 6,500 Sqft

Property Description

To access the marketing package, copy/paste: https://bit.ly/joeywanglistings. Meet Oakland's 1739 10th Avenue: 7 units (1 - studio, 2 - 1BR/1BA, 4 - 2BR/1BA) less than 5 minutes from Lake Merritt and offered at $1,095,000 ($227 sq. ft.). This attractively priced investment opportunity is as unique as it is appealing. Consisting of a front building (5 units) and a rear building (2 units), it totals an impressive 4,817 sq. ft. and includes potential for ADU expansion. The property will be occupied at close, with tenants generating a comfortable $11,000 per month in cash flow. However, when rents can be set to market rates, 1739 10th Ave is predicted to generate $16,000 per month (+45% upside). Situated in the historic and popular Clinton neighborhood, this location offers tenants much in the way of walkability (89 Walk Score) and convenience. Not only is it a short distance from the Grand Lake and Lakeshore shopping districts, but it's right by a major employer (Highland Hospital), incredible public spaces, and several commuter corridors (I-880, I-580, and BART).

Location

State CA

County Alameda

Interior

Heating Wall Furnace

Cooling None

Flooring Laminate, Tile, Vinyl, Carpet

Fireplace No

Appliance Dryer, Washer, Gas Water Heater

Laundry Common Area, Dryer, Washer

Building

Lot Description Sloped Down, Paved

Water Public

Read Less

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