Remarks

To access the marketing package, copy/paste: https://bit.ly/joeywanglistings. Oakland’s 305 Vernon Street is the perfect multifamily buy for an investor seeking a crown jewel for their portfolio. More than 6,500 sq. ft. in size, this nine-unit masterpiece (six studios, one 1BR/1BA, one 1BR/1.5BA, one 2BR/2BA) will be delivered fully vacant allowing the new owners to not only handpick their tenants and set market rents, but also customize each unit (or upgrade the entire building) to increase income potential. Located in the desirable Adams Point neighborhood, 305 Vernon is close to everything an occupant could want. Whole Foods?—Two blocks away. Lake Merritt?—Four blocks. The fantastic shopping, dining, and entertainment options of Grand Avenue and Lakeshore Avenue?—A quick eight-minute bike ride. Marquee employers such as Kaiser, Alta Bates, and PG&E?—A three-minute drive. Anyway you slice it, this is a rare opportunity to own a pride-of-ownership asset, delivered fully vacant, with laundry facilities onsite.

Details

MLS#: 41066059
Price: $1,900,000

Style: Apt Complex
Sq Ft: 6518
Year Built: 1912

County: Alameda
Subdivision: ADAMS POINT