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Patricia Beattie

patricia@brivio.com +1(415) 286-8292

$895,000

Est. payment - /mo

2,935 Sqft Lot

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Upper Dimond

MLS Listing ID 41153513

HOA Y/N No

Year Built 1927

Lot Size 2,935 Sqft

Property Description

Rare 3-unit retail investment property located in the popular Lower Dimond district with excellent seller financing and great cash flow potential. The property was originally built in 1927, offers 2,648 square feet of rental space, and has excellent street frontage along MacArthur Blvd. Currently, the property is 100% occupied with stable tenants with tenants on month-to-month leases providing excellent upside for the next owner. The property is easy to manage and is separately metered for electric and gas providing for low annual operating expenses. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turn-key investment for the next owner. This is a perfect opportunity for an owner-user or investor to acquire a rare retail property in a high-demand rental location. This is a high demand location in one of Oakland's most well-established commercial districts. The property is surrounded by a diverse mix of local retailers, restaurants, service businesses, fitness studios, and professional offices, the property benefits from consistent pedestrian activity and strong daily vehicle traffic, making it an attractive location for a wide range of retail, office, or service oriented businesses.

Location

State CA

County Alameda

Interior

Heating See Remarks

Cooling See Remarks

Fireplace No

Exterior

Parking Features Other

Others

Tax ID 2999040

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Listed by David Howarth The Pinza Group, Inc #01360348

Nearby School & Business

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Patricia Beattie

+1(415) 286-8292

Broker License ID: 01405369

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2612 Macarthur Blvd Oakland, CA 94602

Patricia Beattie

Key Details

Location

Interior

Exterior

Others

Nearby School & Business

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