Oakland, CA 94606,905 E 11th St
Oakland, CA 94606,905 E 11th St
Oakland, CA 94606,905 E 11th St
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Alessandra Imanabadi

Alessandra Imanabadi

Nationwide Fine Homes

+1(510) 504-2528
Listed by Steven Pinza • The Pinza Group, Inc
$975,000
Est. payment /mo
2,755 SqFt
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UPDATED:

08/23/2024 03:26 PM

Key Details

Property Type Commercial

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 2,755 sqft

Price per Sqft $353

MLS Listing ID 41070068

HOA Y/N No

Originating Board Bridge AOR

Year Built 1896

Lot Size 5,000 Sqft

Property Description

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.

Location

State CA

County Alameda

Interior

Heating Other

Cooling Other

Flooring Other

Fireplace No

Exterior

Parking Type Other

Building

Lot Description Other


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