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Listed by Justin T Wong SVN/Pacific Commercial Advisors
$1,572,000
Est. payment /mo
16 Beds
5,280 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,280 sqft
Price per Sqft $297
MLS Listing ID 426157687
Bedrooms 16
HOA Y/N No
Year Built 1962
Lot Size 8,020 Sqft
Acres 0.1841
Property Sub-Type Multi Family
Property Description
Blossom Street Apartments is a gated 8-unit multifamily investment comprised of two adjacent fourplex buildings in Oakland's Fruitvale neighborhood. The property features a desirable all 2-bedroom / 1-bathroom unit mix, on-site parking, separately metered utilities, and a secure gated layout. The property offers investors an attractive combination of strong in-place income and rental upside, with current rents below projected market levels and a vacant unit providing immediate lease-up potential. Conveniently located near Fruitvale BART, Interstate 580, and major East Bay commuter corridors, Blossom Street Apartments presents a compelling opportunity to acquire a well-located multifamily asset with the potential for continued income growth.
Location
State CA
County Alameda
Area Oakland Zip 94601
Zoning RM-3
Interior
Fireplace No
Exterior
Utilities Available Common Area Meter
Handicap Access Parking
Total Parking Spaces 8
Building
Lot Description None
Story 2
Level or Stories Two
New Construction No
Others
Tax ID 2676892
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