www.pinzaoaklandportfolio.com; The Pinza Group is pleased to present 905 E 11th St, a distinguished Victorian building in Oakland's sought-after East Peralta neighborhood. This property offers seven units comprised of six studios and one 1bd/1bth unit. The current rental rates are set at approximately 40% below market, unveiling a substantial opportunity for significant rental upside upon turnover, capital improvement pass-throughs, or tenant buy-outs. With its clear potential for growth, this property stands as an excellent investment avenue suitable for both established investors and new investors looking to enter the market at a low basis. Current GRM 9.87; Market GRM 6.43; Email agent on property website for more info.
MLS #
EB41070068
MLS Source
Bridge MLS
Days on Site
94
Flooring
Other
Cooling
Other
Roof
Other
Garage/Parking
Other, Garage: Car(s)
Water
Other
Complex Amenities
Other
905 E 11th St is a Residential Income in Oakland, CA 94606. This 2,755 square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $975,000 and was built in 1896.
This address can also be written as 905 E 11th St, Oakland, CA 94606.©2024 Bridge MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Bridge MLS.
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This listing information is up-to-date as of August 23, 2024. For the most current information, please contact Steven Pinza, (510) 725-4775