Remarks

KW Commercial is pleased to be retained as the exclusive broker for 1634 23rd Ave, seven (7) studio unit multi-family property nestled in the Tuxedo neighborhood of Oakland. The asset presents an exceptional opportunity for investors seeking to capitalize on relatively low cost of entry as well as significant upside in market rents. The lot is approx. 7,200 SF with approx. 2,950 SF of living space. Built in 1924, 1634 23rd Ave is two structures separated by a common driveway. Both structures are built of wood frame construction and stucco exterior. Heat is provided to the units via gas wall heaters. The age of the roof is unknown. The galley kitchens consist of a refrigerator, a gas stove, tile or granite countertops (renovated units) and wood cabinetry. The flooring throughout the units is either tile or Pergo (renovated units). There is ample closet space. On-site parking is available for each of the seven (7) units.

Details

MLS#: 41086689
Price: $695,000

Style: 5 or More Units
Sq Ft: 2950
Year Built: 1924

County: Alameda