305 Vernon St Active

Oakland,CA 94610

$ 1900000

- Bed

0 Bath

6518 SqFt


Key Details

Property Type Commercial

Sub Type Apt Complex

Listing Status Active

Purchase Type For Sale

Square Footage 6,518 sqft

Price per Sqft $291

Subdivision Adams Point

MLS Listing ID 41066059

HOA Y/N No

Year Built 1912

Lot Size 7,500 Sqft

Acres 0.17

Property Description

To access the marketing package, copy/paste: https://bit.ly/joeywanglistings. Oakland’s 305 Vernon Street is the perfect multifamily buy for an investor seeking a crown jewel for their portfolio. More than 6,500 sq. ft. in size, this nine-unit masterpiece (six studios, one 1BR/1BA, one 1BR/1.5BA, one 2BR/2BA) will be delivered fully vacant allowing the new owners to not only handpick their tenants and set market rents, but also customize each unit (or upgrade the entire building) to increase income potential. Located in the desirable Adams Point neighborhood, 305 Vernon is close to everything an occupant could want. Whole Foods?—Two blocks away. Lake Merritt?—Four blocks. The fantastic shopping, dining, and entertainment options of Grand Avenue and Lakeshore Avenue?—A quick eight-minute bike ride. Marquee employers such as Kaiser, Alta Bates, and PG&E?—A three-minute drive. Anyway you slice it, this is a rare opportunity to own a pride-of-ownership asset, delivered fully vacant, with laundry facilities onsite.

Location

State CA

County Alameda

Area Listing

Zoning RM-4

Rooms

Basement Finished

Interior

Heating Wall Furnace

Cooling None

Flooring Hardwood,Laminate,Tile,Vinyl,Carpet

Fireplace No

Appliance Gas Water Heater

Laundry 220 Volt Outlet,Common Area,In Unit

Exterior

Utilities Available Individual Electric Meter,Master Gas Meter

Building

Lot Description Paved

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 1079582

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