Property Details
About this Property
This 5-unit apartment building at 740 Alcatraz Ave is a unique investment opportunity in the tenant-friendly South Berkeley boarder. The property consists of 5 well-maintained units: 3 - studios, 1 - one bedroom, 1 - spacious two-bedroom, and 6 private garages. Three units have been tastefully renovated, and the building offers tenants on-site coin-op laundry and ample storage space in the basement. The six private garages in a separate structure on the back of the property provide a new investor with over $14,000 additional annual income with room to grow. With its separate gas and electricity meters and convenient location, the building is a stable investment for any investor. It offers easy access to the CA-24 freeway and is within walking distance of Ashby BART. This well-maintained building is priced to sell at only $250k per unit and gives investors an achievable rental upside in a currently stable building.
MLS Listing Information
MLS #
EB41068194
MLS Source
Bridge MLS
Interior Features
Appliances
Other
Flooring
Other
Cooling
Other
Exterior Features
Roof
Other
Parking, School, and Other Information
Garage/Parking
Detached, Other, Garage: Car(s)
Water
Other
Complex Amenities
Other
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
740 Alcatraz Ave is a Residential Income in Oakland, CA 94609. This 2,413 square foot property sits on a 6,000 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,175,000 and was built in 1910. This address can also be written as 740 Alcatraz Ave, Oakland, CA 94609.
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This listing information is up-to-date as of December 19, 2024. For the most current information, please contact Willem Bos, (916) 698-9954
