Active
175 Santa Rosa Ave
Oakland CA, 94610
$8,350,000
$240.17 per sqft
Active
34,767 sqft
Commercial
Built in 1967
175 Santa Rosa Avenue is a 33-unit apartment community located on a quiet tree-lined street in Oakland's Grand Lake Neighborhood. The property consists of a mix of one and two-bedroom units with a large 2,000+ square foot penthouse occupying the fourth floor. Amenities include 34 garage parking spaces, three on-site laundry rooms, and covered balconies. Capital Improvements include a new roof, fresh exterior paint, new hot water heaters, and an updated intercom system. The property offers excellent in-place cash flow with over $220,000 of annual rental upside allowing a new owner to maximize their return over time. The building is seismically exempt making this a true turn-key asset. This highly sought-after location will continue attracting premium tenants and maintain a low vacancy rate.
41076507
MLSⓇ ID
October 16, 2024
Listed
October 23, 2024
Updated
Map
175 Santa Rosa Ave
Oakland CA, 94610
Interior Features
Appliances
Gas Water Heater
Floor Description
Vinyl, Carpet
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Electric, Wall Furnace
Exterior/Building Features
Lot Size
0.44 Acres
Lot Features
Regular
Roof
Rolled/Hot Mop
Sewer
Public Sewer
Other Property Details
Area Name
Oakland
Garage
No
Parking
Below Ground Parking, Space Per Unit - 1, Garage Door Opener
View
No
County
Alameda
Water Source
Public
Pool
No
Listed by Timothy Warren with NAI Northern California
Listing Contact: 510-336-4719
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