Active

New

175 Santa Rosa Ave

Oakland CA, 94610

$8,350,000


$240.17 per sqft

Active

New

34,767 sqft

Commercial

Built in 1967

175 Santa Rosa Avenue is a 33-unit apartment community located on a quiet tree-lined street in Oakland's Grand Lake Neighborhood. The property consists of a mix of one and two-bedroom units with a large 2,000+ square foot penthouse occupying the fourth floor. Amenities include 34 garage parking spaces, three on-site laundry rooms, and covered balconies. Capital Improvements include a new roof, fresh exterior paint, new hot water heaters, and an updated intercom system. The property offers excellent in-place cash flow with over $220,000 of annual rental upside allowing a new owner to maximize their return over time. The building is seismically exempt making this a true turn-key asset. This highly sought-after location will continue attracting premium tenants and maintain a low vacancy rate.

41076507

MLS ID

October 16, 2024

Listed

October 16, 2024

Updated

Map

175 Santa Rosa Ave
Oakland CA, 94610

Interior Features

Appliances

Gas Water Heater


Floor Description

Vinyl, Carpet


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Electric, Wall Furnace

Exterior/Building Features

Lot Size

0.44 Acres


Lot Features

Regular


Roof

Rolled/Hot Mop


Sewer

Public Sewer

Other Property Details

Area Name

Oakland


Garage

No


Parking

Below Ground Parking, Space Per Unit - 1, Garage Door Opener


View

No


County

Alameda


Water Source

Public


Pool

No

Listed by Timothy Warren with NAI Northern California
Listing Contact: 510-336-4719 

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