1425 Harrison ST

OAKLAND, CA, 94612

$23,799,000

$497 per ft²
$23,799,000
$497 per ft²
Active
Active
 - For Sale
carpenters-square
47,875 ft²
property_type
Multi-family
calendar
Built 1925
RECESSION PROOF INVESTMENT-TRUE HEDGE AGAINST INFLATION. Government guaranteed rent which is exempt from rent control. 35% Upside in the Rents. Nostalgic building in the great downtown Oakland area near Lake Merritt. No deferred maintenance - Easy Management Strong Rent Upside. Trouble free income and management Opportunity Zone. The building was built in 1925, 118 apartments with private baths and kitchens and 1 commercial. Six stories building size with 55,750 square feet on a lot size 18,730 square feet. 75% of the units have been renovated at a cost of $800,000.
MLS® ID:
ML81920992
Updated:
3/29/23
Compass
Mary Ann Teixeira
Mobile: 650.399.5505Email: maryann@maryannt.com

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Ceiling Fan
Heating
Gas

Exterior/Building Features

Lot Size
0.33 acres lot
Roof
Other
Sewer
Sewer - Public

Other Property Details

Area Name
999
Garage
Yes
Parking
Parking Area
Parking Total
45.0
View
Y
County
Alameda
Utilities
Public Utilities
Water Source
Public
Pool
Yes
Total Stories
6
Zoning
CBD-C

Courtesy of Probity Real Estate, Meidan Magen,
Listing Contact: 408-595-7836 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Mary Ann Teixeira shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 7:33 AM UTC, 3/29/23

 

Compass
Mary Ann Teixeira
Mobile: 650.399.5505Email: maryann@maryannt.com
Contact