905 E 11th St Active

Oakland,CA 94606

$ 975000

- Bed

0 Bath

2755 SqFt


Key Details

Property Type Commercial

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 2,755 sqft

Price per Sqft $353

MLS Listing ID 41070068

HOA Y/N No

Year Built 1896

Lot Size 5,000 Sqft

Acres 0.11

Property Description

www.pinzaoaklandportfolio.com; The Pinza Group is pleased to present 905 E 11th St, a distinguished Victorian building in Oakland's sought-after East Peralta neighborhood. This property offers seven units comprised of six studios and one 1bd/1bth unit. The current rental rates are set at approximately 40% below market, unveiling a substantial opportunity for significant rental upside upon turnover, capital improvement pass-throughs, or tenant buy-outs. With its clear potential for growth, this property stands as an excellent investment avenue suitable for both established investors and new investors looking to enter the market at a low basis. Current GRM 9.87; Market GRM 6.43; Email agent on property website for more info.

Location

State CA

County Alameda

Area Listing

Rooms

Basement Other

Interior

Heating Other

Cooling Other

Flooring Other

Fireplace No

Exterior

Utilities Available Other Water/Sewer

Building

Lot Description Other

Water Other

New Construction No

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