2742 Park Boulevard, Oakland, CA 94606

$1,395,000

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List Price
$1,395,000
Status
ACTIVE
MLS#
ML82056158
Year Built
1954
Lot Size
4,500
Acres
0.10
Days on Market
3
Property Type
Commercial

Property Description

2742 Park Blvd presents a compelling opportunity to acquire an eight-unit apartment building in the heart of Oakland, consisting of (4) one-bedroom, one- bathroom units and (4) studio units. Situated on a 4,500 square-foot lot with 4,860 square feet of building area, the property offers an efficient unit mix well-suited to Oakland's strong renter demand. The location is a standout feature of this offering. Just moments from the shores of Lake Merritt, one of Oakland's most desirable and walkable amenities, and within easy reach of Laney College, providing a consistent pool of student and staff renters. The property's proximity to Downtown Oakland places tenants close to major employment centers, dining, and entertainment, while quick access to Interstate 580 offers outstanding regional connectivity throughout the East Bay and beyond.

Additional Information

Taxes
$25,233
Heat
Wall Furnace
Cooling
Yes
Cooling Description
None
Roof
Other
School District
Other
Attached Structure
Detached
Gross Scheduled Income
$131,378

Listing courtesy of Listing Agent: Gabriel Manzanares (gabriel.manzanares@compass.com) from Listing Office: Compass.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.