1425 Harrison Street

Oakland, CA, 94612

$23,799,000

$497 per ft²
$23,799,000
$497 per ft²
Active
Active
 - For Sale
carpenters-square
47,875 ft²
property_type
Multi-family
calendar
Built 1925
RECESSION PROOF INVESTMENT-TRUE HEDGE AGAINST INFLATION. Government guaranteed rent which is exempt from rent control. 35% Upside in the Rents. Nostalgic building in the great downtown Oakland area near Lake Merritt. No deferred maintenance - Easy Management Strong Rent Upside. Trouble free income and management Opportunity Zone. The building was built in 1925, 118 apartments with private baths and kitchens and 1 commercial. Six stories building size with 55,750 square feet on a lot size 18,730 square feet. 75% of the units have been renovated at a cost of $800,000.
MLS® ID:
ML81920992
Listed:
3/7/23
Updated:
4/1/23
Sotheby's International Realty
Ann Newton Cane

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Interior Features
Elevator
Cooling
Ceiling Fan(s)
Heating
Natural Gas

Exterior/Building Features

Lot Size
0.33 acres lot

School Information

High School
Oakland (510) 879-8111

Other Property Details

Area Name
All Other Counties/States
Garage
No
Parking
N
View
N
County
Alameda
Pool
No
Zoning
CBD-
Buyer Agency Compensation
250000.00

Courtesy of Meidan Magen with Probity Real Estate
Listing Contact:  

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Sotheby's International Realty
Ann Newton Cane
Contact