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Key Details
Sold Price $975,000
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 2,718 sqft
Price per Sqft $358
MLS Listing ID ML81917234
Sold Date 03/29/23
Bedrooms 2
Full Baths 2
Year Built 1964
Lot Size 2,108 Sqft
Property Description
A potential investment opportunity for an investor or building contractor skilled in the repair and remediation of an older iconic building located in the beautiful Lake Merritt area. There are a total of five (5) units, with three (3) one-bedroom apartments currently vacant. The remaining two (2) studio apartment are currently occupied and under the Rent Control ordinance. Walking distance to the lake, shopping and dining. The three vacant units will be open for viewing on Friday, 1/27/2023 from 12:00 - 1:00 pm.
Location
State CA
County Alameda
Area Oakland Zip Code 94606
Zoning RU2
Interior
Heating Floor Furnace
Cooling None
Flooring Hardwood, Vinyl / Linoleum
Exterior
Parking Features On Street
Community Features None
Utilities Available Individual Electric Meters, Individual Gas Meters
View City Lights, Lake
Roof Type Shingle
Building
Foundation Brick / Mortar Perimeter
Sewer Sewer - Public
Water Public
Others
Restrictions Below Market Rate Unit
Tax ID 020-0181-017
Security Features None
Special Listing Condition Not Applicable
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Bought with Nimer Musleh • Nor Cal Realty Associates