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listing
1 of 16
Residential Income
$2,425,000
150 11th Street Street
Oakland, CA 94607
Courtesy of CBRE
MLS: San Francisco MLS
6,052Sq Ft
Est. Mortgage
$12,617/mo

150 11th Street is an 8-unit value-add apartment building located in Downtown Oakland, just 3 blocks from Lake Merritt BART Station & 3 blocks from Lake Merritt. This 6,052 SF, 1907 vintage asset is comprised of a unit mix of 1 X 1-bed, 1-bath unit & 7 X 2-bed, 1-bath units. There is an opportunity to make upgrades to units and achieve market rents. The property has also recently been repainted & a new fire alarm system has been installed. The property has solid in-place rents and there is potential to stabilize the asset & generate fantastic cash flow in a core Downtown Oakland location. The property features a 97 Walk Score, a 89 Bike Score and a 88 Transit Score and has been designated as a Walker's Paradise, Very Bikeable & has Excellent Transit per WalkScore.com. The Property is surrounded by eclectic mix of dining, shopping and entertainment options in Downtown Oakland, Old Oakland, Uptown Oakland, & Jack London Square.

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Listing Courtesy of CBRE
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