350 Adams St - Apartments FOR SALE


Oakland, CA 94610- Adams Point
$999,000 USD
510-339-4700
350 Adams St, Oakland, CA for Sale
$999,000 USD
Apartments - FOR SALE
1/24
null | 8.28% Cap Rate

350 Adams St
Oakland, CA 94610
Adams Point


HIGHLIGHTS

  • Adams Point Oakland
  • One Vacant Unit
  • Located near Lake Merritt, shops and restaurants

OVERVIEW

Charming Adams Point Fiveplex – Prime Investment Opportunity and Great Value! Built in 1915, this character-filled fiveplex in the desirable Adams Point neighborhood offers a fantastic investment opportunity. ONE UNIT IS VACANT. All units provide lots of natural light. The main level features two units: a studio and a spacious 1-bedroom. Upstairs, two additional 1-bedroom/1-bath units provide comfortable living spaces. A fifth unit completes the property, located on Perkins. All units include a refrigerator and stove, with a mix of hardwood flooring and carpeting. A shared laundry room in the basement features a washer/dryer for tenant use. Recent upgrades include a newer roof (4-5 years old) and copper piping (installed within the last two years). Parking available for all tenants, plus ample street parking. Ideally located near Lake Merritt, shopping, dining, and easy freeway access, this multi-unit property is perfect for investors seeking strong rental potential in a prime Oakland location. Don’t miss this opportunity! Shown by appointment only.

FOR SALE DETAILS

PRICE

$999,000 USD

PRICE/SF

$298 USD /SF

# OF UNITS

5

PRICE/UNIT

$199,800

CAP RATE

8.28%

% LEASED

83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

350 Adams Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1915

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,848 SF

ZONING

RM

APN/PARCEL ID

010-0789-018-01

ASK ABOUT THIS PROPERTY

David NewtonColdwell Banker Residential BrokerageMore Info
510-339-4700

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David NewtonColdwell Banker Residential BrokerageMore Info
510-339-4700

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