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.
MLS #
EB41076507
MLS Source
Bridge MLS
Days on Site
33
Flooring
Carpet - Wall to Wall, Vinyl
Cooling
None
Heating
Electric, Wall Furnace
Roof
Rolled/Hot Mop
Garage/Parking
Gate/Door Opener, Spaces per Unit - 1, Garage: Car(s)
Sewer
Public Sewer
Water
Public
175 Santa Rosa Ave is a Residential Income in Oakland, CA 94610. This 34,767 square foot property sits on a 0.44 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $8,350,000 and was built in 1967.
This address can also be written as 175 Santa Rosa Ave, Oakland, CA 94610.©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 October 23, 2024. For the most current information, please contact Timothy Warren, (510) 336-4719