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$ 3,080,000
Est. payment | /mo
4,900 Sqft Lot
$ 3,080,000
Est. payment | /mo
4,900 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82042473
HOA Y/N No
Year Built 1954
Annual Tax Amount $39,359
Lot Size 4,900 Sqft
Property Description
Marcus & Millichap is pleased to present 185 15th Street, a 14-unit apartment community located just two blocks from Lake Merritt in the heart of Downtown Oakland. This well-located asset offers a strong value-add opportunity in one of Oaklands most desirable rental markets. The property has seen major capital improvements, including all new dual-pane windows, a completed seismic retrofit per city ordinance, and several renovated units. Additionally, six vacant units provide a clear path to renovate and lease at full market rents. With a prime location and meaningful upside, 185 15th Street is well-positioned for both immediate income growth and long-term appreciation.
Location
State CA
County Alameda
Area 699 - Not Defined
Zoning RM
Interior
Cooling None
Fireplace No
Exterior
Roof Type Shingle
Building
Water Public
Schools
School District Other
Others
Tax ID 0080628002
Special Listing Condition Standard
Listed by Eymon Binesh Marcus & Millichap #02060059
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