1528 Alice Street , Oakland, CA 94612
Oakland, CA 94612
Description
1528 Alice St is an exceptional 12-unit value-add investment opportunity located in the thriving city of Oakland, California. Situated on a 6,700 square foot parcel of land, the subject property was originally constructed in 1910 and has a gross building area of approximately 9,721 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom floor plans. The subject property offers tenants convenient community amenities such as on-site laundry, bicycle parking, and a common backyard area. The property is located in the exceptional neighborhood of Lakeside, a family friendly neighborhood positioned just west of Lake Merritt. One of the most unique neighborhoods in all of Oakland, Lakeside combines the exciting urban life of Downtown Oakland with the peaceful suburban feel of Lake Merritt. The investment appeal of this asset is driven by Oaklands strong employment fundamentals and low vacancy levels. With a world-class location in the heart of the East Bay, 1528 Alice St presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining and entertainment options.
Details
| MLS# | ML81994467 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 61 |
| Listing Provided By | Marcus & Millichap (650) 391-1700 | Robert Johnston |
Features
| SQ Feet | 9,721 |
|---|---|
| Building(s) | 1 |
| Zoning | R-90 |
| Acreage | 0.15 |
Market Activity 94612
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Learn More About This Property
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94612 |
| Area | 699 Not Defined |
| School District | Other |
| Listing VS Median (In 94612) | |
Price: $2,598,000 low | high Med: $699,000 SqFt: 9,721 low | high Med: 1,341 $ / SqFt: $267 low | high Med: $521 On site: 61 low | high Med: 64.000000 | |