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$975,000

Est. payment - /mo

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5,000 Sqft Lot

Active

905 E 11th St Oakland, CA 94606

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

09/30/2024 06:33 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41070068

HOA Y/N No

Year Built 1896

Lot Size 5,000 Sqft

Property Description

www.pinzaoaklandportfolio.com; The Pinza Group is pleased to present 905 E 11th St, a distinguished Victorian building in Oakland's sought-after East Peralta neighborhood. This property offers seven units comprised of six studios and one 1bd/1bth unit. The current rental rates are set at approximately 40% below market, unveiling a substantial opportunity for significant rental upside upon turnover, capital improvement pass-throughs, or tenant buy-outs. With its clear potential for growth, this property stands as an excellent investment avenue suitable for both established investors and new investors looking to enter the market at a low basis. Current GRM 9.87; Market GRM 6.43; Email agent on property website for more info.

Location

State CA

County Alameda

Interior

Heating See Remarks

Cooling See Remarks

Fireplace No

Exterior

Total Parking Spaces 6

Building

Water Other

Listed by Steven Pinza • The Pinza Group, Inc

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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