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Listed by Timothy Warren • NAI Northern California
$ 11,500,000
Est. payment | /mo
76,562 SqFt
$ 11,500,000
Est. payment | /mo
76,562 SqFt
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 76,562 sqft
Price per Sqft $150
MLS Listing ID EB41111406
Year Built 1920
Lot Size 0.367 Acres
Property Sub-Type Five or More Units
Source Bridge MLS
Property Description
184 13th Street is 98-unit multifamily investment opportunity in the heart of Downtown Oakland. This six-story, elevator-served building spans 76,562 square feet on a 16,000-square-foot corner parcel and features a well-balanced unit mix of studios, one-, two-, and three-bedroom apartments, along with secure lobby access, on-site laundry facilities, and a leasing office. The property has benefited from more than $500,000 in recent capital improvements, including electrical and plumbing upgrades, a new roof, and elevator modernization. Offered at just $126,020 per unit, the asset provides an exceptional entry point into one of Oakland's most dynamic neighborhoods-less than three blocks from Lake Merritt. The property is being offered at a 33% discount to its 2022 sale price, creating an incredible basis and a rare opportunity to acquire a stabilized asset well below replacement cost.
Location
State CA
County Alameda
Area Oakland Zip Code 94612
Interior
Heating Electric
Cooling None
Flooring Carpet - Wall to Wall, Hardwood
Laundry In Laundry Room
Exterior
Exterior Feature Stucco
Parking Features No Parking
Roof Type Rolled Composition
Building
Sewer Sewer - Public
Others
Tax ID 2-79-6
Special Listing Condition Not Applicable
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