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Listed by Alina Siert • KW Advisors, DRE#01893238
$6,995,000
Est. payment /mo
25,447 SqFt
Open House
Fri Oct 16, 11:00am - 1:00pm
UPDATED:
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 25,447 sqft
Price per Sqft $274
MLS Listing ID ML82064243
Year Built 1928
Lot Size 0.260 Acres
Property Sub-Type Five or More Units
Property Description
Offered with 2555-2567 Foothill Blvd as a same-block pair at $18,496,000 (100 units), or with all four buildings of the 181-unit Fruitvale Portfolio at $33,486,000; not sold individually. Kensington Plaza, 1757 26th Avenue: 39 apartments in a three-story Marina-style building built in 1928: 9 studios, 16 one-bedrooms and 14 two-bedrooms in about 25,447 SF on a 10,951 SF lot. About 80% of the units have been renovated, with updated kitchens and baths, newer windows and flooring. Lifetime GAF roof warranty, separately metered gas and electric, on-site laundry. City of Oakland soft-story exemption approved in 2025. Pro forma market rents run about 6% above in-place rents. About 0.7 mi from Fruitvale BART and Fruitvale Village. West Block pair: 7.54% current / 7.03% pro forma cap. All four: 7.69% current / 7.61% pro forma cap. Motivated ownership: all offers reviewed; Q4 2026 close preferred.
Location
State CA
County Alameda
Zoning RU-1
Interior
Heating Other
Cooling Other
Exterior
Parking Features Other
Utilities Available Other
Roof Type Other
Building
Foundation Other
Sewer Other
Water Other
Others
Restrictions Other
Tax ID 025-0734-001
Security Features Other
Special Listing Condition Not Applicable
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