1634 23rd Avenue
Oakland, CA 94606
2950 sqft | 7 baths | 0.17 acres | #41083182
Description
KW Commercial is pleased to be retained as the exclusive broker for 1634 23rd Ave, seven (7) studio unit mult i - family property nestled in the Tuxedo neighborhood of Oakland. The asset presents an exceptional opportunity for investors seeking to capitalize on relatively low cost of entry as well as significant upside in market rents. The lot is approx. 7,200 SF with approx. 2,950 SF of living space. Built in 1924, 1634 23rd Ave i s two structures separated by a common driveway. Both structures are built of wood frame construction and stucco exterior. Heat is provided to the units via gas wall heaters. T h e age of the roof is unknown. The galley kitchens consist of a refrigerator, a gas stove, tile or granite countertops (renovated units) and wood cabinetry. The flooring throughout the units is either tile or Pergo (renovated units). There is ample closet space. On-site parking is available for each of the seven (7) units. 1634 23rd Ave offers investors the opportunity to diversify your portfolio or redevelop the large lot. WITH THREE UNITS CURRENTLY VACANT the new owner can maximize the potential of this property.
Property Details
- Property SubtypeSingleFamilyResidence
- Sewer InformationPublicSewer
- Property TypePurchase
- Original List Price$795,000
- MLS #41083182
- MLS #41083182
- CountyAlameda
- Acres0.1653
- SubdivisionTUXEDO
- Cost795000
- Square Feet2950
- Year Built1924
- Bathrooms7
- Full Baths7
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Nathaniel Reinke (#BMLS-R01916819)
Listing Office: KW Advisors East Bay (#BMLS-OBOKWOAK)
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