Property Details
About this Property
This 6-unit property presents an exciting investment opportunity for developers seeking to maximize their returns. Not only does it offer the potential to add seven more units, but it also allows you to benefit from the existing cash flow. The property consists of (6) 2-bedroom, 1-bathroom units, all of which are occupied by long-term tenants. The property's location in the "OPPORTUNITY ZONE" further adds to its appeal, as it is zoned for a total of thirteen units, and preliminary design review documents have already been submitted to the City of Oakland. Its highly accessible position near transit, BART, and freeways enhances the investment potential of this project. Moreover, investors interested in taking advantage of tax breaks for properties within the Oakland Opportunity Zone will find this property particularly attractive. Positioned in the upper Fruitvale area, it is conveniently less than 1 mile away from BART, offering transportation options like the nearby Fruitvale Station
MLS Listing Information
MLS #
EB41035599
MLS Source
Bridge MLS
Interior Features
Appliances
Other
Flooring
Laminate
Cooling
Air Conditioning - None
Heating
Other
Parking, School, and Other Information
Garage/Parking
Off-Street Parking, Garage: Car(s)
Sewer
Public Sewer
Complex Amenities
Other
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 6 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 852 | 8 | 0/0 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
1825 28th Ave is a Residential Income in Oakland, CA 94601. This 5,112 square foot property sits on a 0.32 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $850,000 and was built in 1957. This address can also be written as 1825 28th Ave, Oakland, CA 94601.
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This listing information is up-to-date as of October 19, 2023. For the most current information, please contact Jatin Mehta, (949) 929-9562
