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635 15Th St Oakland, CA 94606

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For Sale
$1,150,000

9-unit multifamily property in Oakland's Clinton neighborhood.

Property size:
5,875 SF

Property Features for 635 15Th St

General Information

Standard status
Active
Size
5,875 SF

Building Details

Year built
1957

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Listing Contact
Timothy Warren
Source: Corcoran

Listing Agency: NAI NORTHERN CALIFORNIA Listing Agent: Timothy Warren

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

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Overview

Oakland Multifamily Property For Sale

Located in Oakland’s Clinton neighborhood, 635 E 15th Street is a 5,875 square foot multifamily property. The building features nine units: eight one-bedroom/one-bath units and one two-bedroom/two-bath unit. It offers in-place income with value-add potential. Two units will be delivered vacant, providing an opportunity to achieve market rents. Existing rents are below market, allowing for additional upside through turnover and improved management. The property includes eight on-site garages, three of which are currently vacant, offering additional income potential. There is potential to convert garages into ADUs (buyer to verify with the city) to further enhance long-term returns.
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 Grocery & Convenience Store Skin Care Clinic

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

Location Insight

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City
Oakland
County
Alameda
State
California
Longitude
-122.2516001
Latitude
37.7950296

FAQs

What type of property is this?
Apartment building - 9-unit multifamily property in Oakland's Clinton neighborhood.
Where is this apartment building located?
The property is located at 635 15Th St Oakland, CA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: - Strong in-place income with clear value-add potential.; - Two vacant units offer immediate opportunity to achieve market rents.; - Existing rents are below market, allowing for additional upside through turnover and improved management.
More about this property
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