Oakland Multifamily Investment
1736 23rd Avenue Oakland, CA 94606
1736 23rd Avenue, Oakland, CA, 94606
$1,200,000
For Sale
$1,200,000
Thirteen-unit property near Downtown Oakland with value-add potential.
Property Size9,352 SF
Lot Size0.16 Acres
Price / SF$128.31
Days on Market194
Property Features for 1736 23rd Avenue
General Information
- Standard status
- Active
- Size
- 9,352 SF
- Lot size
- 0.16 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1918
Listing agency
COMPASS
(415) 345-3000
Listed by
TONY ZIZZO · License #01962093
Source
Corcoran
Added: Jan 10 Updated: Jul 6 at 9:59AM Checked: Jul 22 at 8:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COMPASS
Investment Insights
Based on property information with market context.
This three-story property features 13 units, including one 2-bedroom/1-bathroom unit, five 1-bedroom/1-bathroom units, and seven studios. The property includes 12 units in the main building and one detached rear cottage. Two vacant units offer immediate upside through lease-up at market rents. Located on a 6,800 SF lot, the building totals approximately 9,352 SF and is built on a concrete perimeter foundation. Two units are located on the ground floor, with the other units on the second and third levels. A secured, gated entry provides additional safety. Units feature original hardwood floors and windows. Select units have been updated with modern kitchen cabinetry, countertops, and refreshed paint. Heating is provided by wall furnaces or baseboard heaters. The property is located near I-880 and less than three miles from Downtown Oakland, close to Lake Merritt, the Fox Theater, dining, retail, and the Fruitvale BART Station, providing easy access throughout the Bay Area. Parking is unassigned street parking.
Key Highlights
- Diverse unit mix of 2BD/1BA, 1BD/1BA, and studios.
- Two vacant units offer immediate upside.
- Convenient location near I‑880, Downtown Oakland, Lake Merritt, and the Fruitvale BART Station.
Property Analytics
Property Profile
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FAQs
What type of property is this?
Apartment building - Thirteen-unit property near Downtown Oakland with value-add potential.
Where is this apartment building located?
The property is located at 1736 23rd Avenue Oakland, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Diverse unit mix of 2BD/1BA, 1BD/1BA, and studios.; Two vacant units offer immediate upside.; Convenient location near I‑880, Downtown Oakland, Lake Merritt, and the Fruitvale BART Station.
