$4,995,000

Multi Family In Oakland

  • 14,026 Sqft
  • 28,000 Sqft lot
  • Updated: Yesterday
  • Source:
    bridgeMLS  MLS#ML82064076

About the Property

32 apartments, mostly townhome style, in two 16-unit, two-story buildings on two parcels (2124 90th Ave and 2125 92nd Ave), built in 1964: 26 two-bedrooms, 5 three-bedrooms and 1 four-bedroom in about 28,000 SF on about 0.64 acres. Gated, with on-site parking and two laundry rooms. City of Oakland soft-story exemption granted in 2024. Subject to a City of Oakland regulatory agreement through 12/20
32 apartments, mostly townhome style, in two 16-unit, two-story buildings on two parcels (2124 90th Ave and 2125 92nd Ave), built in 1964: 26 two-bedrooms, 5 three-bedrooms and 1 four-bedroom in about 28,000 SF on about 0.64 acres. Gated, with on-site parking and two laundry rooms. City of Oakland soft-story exemption granted in 2024. Subject to a City of Oakland regulatory agreement through 12/2032 (at least 8 units at 80% AMI or below). Market rents run about 26% above in-place rents. In East Oakland off MacArthur Boulevard with quick I-580 access, near Coliseum BART / Amtrak, Eastmont Town Center and Oakland Airport. 11.43% current cap; 13.64% pro forma cap at market rents. Taxes reflect the seller’s current welfare exemption; buyer to verify. 100% occupied per the rent roll.
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  • Property type

    Other

  • Year built

    1964

  • Price/sqft

    $356

Features

  • Laundry Room
  • Balcony
  • Parking
  • Stone Countertops

Explore the Area

2124 90th Avenue, Oakland, California, United States View on Google Maps
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KW Advisors

Joined 11 months ago
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KW Advisors
California, United States
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43
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2025
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KW Advisors
California, United States
View agency profile
Last updated
Yesterday
First listed
October 9
Listing reference
ML82064076
Listing status
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