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1810 25Th St Oakland, CA 94606

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For Sale
$3,995,000

23-unit apartment complex in Oakland's Highland Park neighborhood.

Property size:
12,608 SF

Property Features for 1810 25Th St

General Information

Standard status
Active
Size
12,608 SF

Building Details

Year built
1961

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Listing Contact
Steven Peterson
Source: Corcoran

Listing Agency: INFINITY INVESTMENTS Listing Agent: Steven Peterson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Oakland Multifamily Complex For Sale

Highland Palms is a 23-unit market rate apartment complex located in Oakland's Highland Park neighborhood. The property consists of two three-story buildings. The unit mix includes 8 one-bedroom/one-bathroom units, 14 two-bedroom/one-bathroom units, and 1 three-bedroom/one-bathroom unit. There are 19 parking spaces available. Amenities include secure access, gated on-site parking, granite countertops, dual pane windows, and individual gas and electric meters. Two-thirds of the property was completely rebuilt due to a fire, including new electrical systems. Thirteen out of the 23 units have been remodeled with kitchens featuring granite countertops, updated laminate floors, lighting, appliances, and bathrooms with tile. Newer dual pane windows have been installed. Investors will receive a full tax abatement from the regulatory agreement in place, including a 100% waiver of Ad Valorem property taxes. The property size is 12608 square feet.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Oakland
County
Alameda
State
California
Longitude
-122.2341784
Latitude
37.795318

FAQs

What type of property is this?
Apartment building - 23-unit apartment complex in Oakland's Highland Park neighborhood.
Where is this apartment building located?
The property is located at 1810 25Th St Oakland, CA.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: - Full tax abatement (100% waiver of Ad Valorem property taxes) for the investor.; - Significant recent renovation: **Two-thirds of the property rebuilt after a fire, including new electrical systems.**; - 13 out of 23 units remodeled with granite countertops, updated laminate floors, lighting, appliances, tile baths, and newer dual pane windows.
More about this property
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