1502 Alice St - Apartments FOR SALE


Oakland, CA 94612- Lakeside
$2,650,000 USD
415-640-6411
1502 Alice St, Oakland, CA for Sale
$2,650,000 USD
Apartments - FOR SALE
1/10
null | 7.77% Cap Rate

1502 Alice St
Oakland, CA 94612
Lakeside


OVERVIEW

1502 Alice is a 24 unit building conveniently located in Downtown Oakland. The property consists of twenty one studio apartments and three (1) bedroom units. The building maintains it's turn of the century charm with detailed wood work and coved ceilings. All of the units have steam heat and electric stoves. The building boasts a Walkscore of 98! Tenants are able to do most errands on foot and BART is only an eight minute walk from the property. Walking out the front steps tenants are able to enjoy Lake Merritt, Snow Park and Lincoln Square. This convenient downtown location makes it easy to attract tenants.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$201 USD /SF

# OF UNITS

26

PRICE/UNIT

$101,923

CAP RATE

7.77%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,329 SF

ZONING

R-90, Oakland

APN/PARCEL ID

008-0627-030-00

ASK ABOUT THIS PROPERTY

Matt TreadwayThe Lapham Company, Inc.More Info
415-640-6411

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Matt TreadwayThe Lapham Company, Inc.More Info
415-640-6411

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.