Value-Add Mixed Use investment in Fruitvale comprised of twenty-four total units. 1290 26th Ave was built in 1925 and features a unit mix of nineteen studios, two 1bd/1bth units and three retail spaces. The property has a Walk Score rating of 90, and is in close proximity to shopping, dining, and the Fruitvale BART station. Major upgrades have been done including new fire alarm system, electrical upgrades, boiler replaced, units remodeled, and more. Huge basement is open and available for adding ADUs. High cash flow with amazing seller financing terms available for qualified Buyers.
Bordering the neighborhoods of Fruitvale and East Lake, the 26th Avenue Apartments provide a walkable Oakland setting with plenty to see, eat, and experience in the Bay Area. The neighborhood is just three miles from Downtown Oakland and about 14 miles from San Francisco's civic center. Explore International Boulevard, a fitting name for a place that houses taco shops, Cajun food, Thai food, and artisan coffee. 26th Avenue Apartments have the added benefit of being close to Interstate 880 and a few Bay Area Rapid Transit lines.