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.
Days on Site
Buyer's Brokerage Compensation*
Parking Area, Garage: 0 Car(s)
High School District
1425 Harrison St is a Residential Income in Oakland, CA 94612. This 47,875 square foot property sits on a 0.331 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 1425 Harrison St, Oakland, CA 94612.
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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