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JLee Broker

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

Listed by Nolan Jones, DRE #01509417 • KELLER WILLIAMS TRI VALLEY REALTY

$3,225,000

Est. payment - /mo

17,016 SqFt

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UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 17,016 sqft

Price per Sqft $189

MLS Listing ID MR41089645

Year Built 1961

Lot Size 0.335 Acres

Property Sub-Type Five or More Units

Source Bridge MLS

Property Description

NEW PRICE | 3020-3025 35th Avenue is exceptionally well maintained, multi-family property located just below the Laurel District in the vibrant Allendale neighborhood. This investment opportunity offers significant rental upside potential and value enhancement opportunities, making it ideal for both seasoned investors and newcomers. Constructed in 1961, this two-story, wood-framed building features a durable stucco exterior and is situated on a generous 14,600 square foot lot, offering a total of 17,016 rentable square feet. The property comprises 18 units, thoughtfully designed to accommodate various tenant needs, along with carport parking for tenant convenience. Unit Mix: o 2 one-bedroom, one-bathroom units (NC) o 15 two-bedroom, one-bathroom units o 1 three-bedroom, one-bathroom unit (NC) The property has seen several significant upgrades, ensuring low future repair and maintenance costs. Updates include a new roof and exterior paint (2018), seismic retrofit (2020), 4 fully renovated units and 6 partially renovated units, new windows (2022) and work has begun on balcony and raised walks to ensure compliance with current safety regulations. In addition, this property features a manager's office & storage space (for the owner only), as well as onsite laundry facilities.

Location

State CA

County Alameda

Area Oakland Zip Code 94619

Interior

Heating Wall Furnace

Cooling None

Flooring Other

Exterior

Exterior Feature Stucco

Garage Spaces 18.0

Building

Lot Description Other

Sewer Sewer - Public

Water Public

Others

Tax ID 32-2030-3

Special Listing Condition Not Applicable

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Nearby School & Business

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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3020 35th AVE Oakland, CA 94619

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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