Property Details
About this Property
RECESSION PROOF INVESTMENT-TRUE HEDGE AGAINST INFLATION. Government guaranteed rent which is exempt from rent control. 35% Upside in the Rents. Nostalgic building in the great downtown Oakland area near Lake Merritt. No deferred maintenance - Easy Management Strong Rent Upside. Trouble free income and management Opportunity Zone. The building was built in 1925, 118 apartments with private baths and kitchens and 1 commercial. Six stories building size with 55,750 square feet on a lot size 18,730 square feet. 75% of the units have been renovated at a cost of $800,000.
MLS Listing Information
MLS #
ML81920957
MLS Source
MLSListings, Inc.
Days on Site
210
Buyer's Brokerage Compensation*
250000.00
Interior Features
Cooling
Ceiling Fan
Heating
Gas
Exterior Features
Roof
Other
Foundation
Slab
Parking, School, and Other Information
Garage/Parking
Parking Area, Garage: 0 Car(s)
Elementary District
Oakland Unified
High School District
Oakland Unified
Sewer
Public Sewer
Water
Public
Zoning
Multifamily Residential
Nearby Homes for Sale
1445 Harrison St is a Residential Income in Oakland, CA 94601. This 55,750 square foot property sits on a 0.43 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $23,799,000 and was built in 1925. This address can also be written as 1445 Harrison St, Oakland, CA 94601.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of May 01, 2023. For the most current information, please contact Meidan Mike Magen, (408) 595-7836
