3615-3617 San Leandro St - Storefront Retail/Residential FOR SALE


Oakland, CA 94601- Jingletown
$495,000 USD
510-822-1331
3615-3617 San Leandro St, Oakland, CA for Sale
$495,000 USD
Storefront Retail/Residential - FOR SALE
1/23
null | 8.4% Cap Rate

3615-3617 San Leandro St
Oakland, CA 94601
Jingletown


HIGHLIGHTS

  • Mixed-Use Investment Featuring One Retail Unit, One Residential 2bd/1bth Unit, One Residential 1bd/1bth Unit and One Large Garage/Warehouse
  • Excellent Cash Flow Potential with Unlimited Possibilities
  • Perfect for Owner Occupants - The Retail Unit, Warehouse, and the Studio Apartment Unit will be Delivered Vacant at Close of Escrow
  • Warehouse Offers a Perfect Set-up for Business Use or Possible ADU Expansion
  • Easy to Manage Property, Separately Metered For PG&E, with Low Annual Operating Expenses

OVERVIEW

Rare mixed-use investment with excellent cash flow potential. The property was originally built in 1933, offers approximately 3,187 square feet of rental space, and sits on a 5,500 square foot lot with ample room for parking. The unit mix offers one 2bd/1bth apartment unit, one studio apartment unit, one retail unit, and a large 2,000 square foot garage/warehouse/shop. The property is easy to manage and separately metered for PG&E providing for low annual operating expenses. The retail unit, warehouse, and studio unit will all be delivered vacant at closing providing a perfect opportunity for an owner-user or investor seeking maximum cash flow. This is a perfect opportunity for an owner-user looking for space to run a business and have apartment income at the same time. The retail space has a few parking spaces in front for customers and easy access to the garage. The location is conveniently located near Downtown Oakland, Lake Merritt, BART, Fruitvale Public Market, and has easy access to HWY880. There are countless restaurants and shopping options nearby making this a desirable location for tenants. ****EMAIL DAVID@PINZAGROUP.COM FOR A COMPLETE MARKETING PACKAGE AND PRIVATE SHOWING.

FOR SALE DETAILS

PRICE

$495,000 USD

PRICE/SF

$120 USD /SF

CAP RATE

8.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mixed-Use Investment w/ Huge Garage Warehouse

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1933

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

HBX-1

APN/PARCEL ID

033-2179-004-00

ASK ABOUT THIS PROPERTY

David HowarthPinza GroupMore Info
510-822-1331

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David HowarthPinza GroupMore Info
510-822-1331

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