918920 Oak Street
Oakland, CA 94607
0.14 acres | #ML82003158
Description
Marcus & Millichap is pleased to present 918-920 Oak St, a stunning 12-unit apartment community, located one block from Laney College, and a few steps from Lake Merritt. The asset features 8,019 square feet, offering its tenants twelve beautifully designed one-bedroom floor plans each with their own den. Oak Street Apartments offers convenient access to several transportation corridors including the San Francisco - Oakland Bay Bridge, Interstate 880 and several nearby BART stations to easily reach other major hubs within the Bay Area. Oakland also serves as the trade center for the entire Bay Area with the Port of Oakland being the busiest port in all of Northern California. With a world-class location in the heart of East Bay, 918-920 Oak St presents an attractive choice for renters due to close proximity to major employers, transportation corridors, shopping, dining and entertainment options. 918-920 Oak Street features exceptional bank financing at 70% loan-to-value, with current return metrics at nearly a 7.00% CAP and 9.27 GRM.
Property Details
- Property SubtypeCommercialSale
- Original List Price$2,700,000
- MLS #ML82003158
- MLS #ML82003158
- Property TypePurchase
- CountyAlameda
- Taxes Annual$47,305
- Cost2700000
- Acres0.1377
- Utility SourcePublic
- School DistrictOther
- Year Built1910
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Eymon Binesh (#ML5082979)
Listing Office: Marcus & Millichap (#ML88226)
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