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JLee Broker

[email protected] +1(650) 857-1000

Listed by Timothy Warren, DRE #02008347 • NAI Northern California

$2,000,000

Est. payment - /mo

10,440 SqFt

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Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 10,440 sqft

Price per Sqft $191

MLS Listing ID MR41060912

Year Built 1911

Lot Size 8,000 Sqft

Property Sub-Type Five or More Units

Source Bridge MLS

Property Description

The property is a well-maintained 12-unit apartment building located in Downtown Oakland, just steps from Lake Merritt. The property consists of two (2) 2 bedroom 1 bathroom units and ten (10) 1 bedroom 1 bathroom units with fourteen (14) off-street parking spots. Two units will be delivered vacant upon close of escrow. The property boasts beautiful 1900s architecture, hardwood floors, and period-appropriate details. The property offers over $100,000 of annual rental upside allowing a new owner to maximize their return over time. This highly sought-after location will continue to attract premium tenants and maintain a low vacancy rate. 2306 Waverly Street is located in Downtown Oakland steps from Lake Merritt. This property is less than a mile from the 19th Street BART station with easy access to interstates 580 and 880 for seamless connection to the entire San Francisco Bay Area. Residents enjoy endless amenities in Uptown, Downtown, and Lake Merritt, including Whole Foods, just a 5-minute walk away. The properties are walkable to both Kaiser Permanente (Oakland's Largest Employer) and Sutter Health Alta Bates Medical Center (Oakland's Second Largest Employer), earning a near-perfect Walk Score of 97!

Location

State CA

County Alameda

Area Oakland Zip Code 94612

Interior

Heating Steam

Cooling None

Flooring Carpet - Partial, Hardwood

Exterior

Exterior Feature Wood Shingles

Parking Features Spaces per Unit - 1

Garage Spaces 16.0

Roof Type Rolled Composition

Building

Lot Description Regular

Sewer Sewer - Public

Water Public, Heater - Gas

Others

Tax ID 8-670-10

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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2306 Waverly St Oakland, CA 94612

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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