1757 26Th Ave, Oakland, CA 94601
- $6,995,000
- List Price
- $6,995,000
- Status
- ACTIVE
- MLS#
- 41130392
- Year Built
- 1928
- Lot Size
- 11,200
- Acres
- 0.26
- Days on Market
- 161
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Neighborhood
- Fruitvale
Property Description
Kensington Plaza is a very nostalgic 3 story property located at 1757 26th Ave in Oakland California. The building is 25,447 square feet and sits on a 10,951 square foot lot with a total of 39 units. It is a great central business district location. It is in the heart of Oakland’s Fruitvale district close to Lake Merritt. With 33% upside in rents, this building allows the next owner to increase returns and leverage investment in the hot Oakland market. The property consists of 9 studios units, 18 one bedroom/ one bath units, 8 two bedroom/ one bath units and 4 two bedroom/ two bath units. This classic Marina style building has bay windows, separate eat in kitchens and large walk-in closets. Constructed in 1928, the units have recently received significant improvements, including upgraded kitchens and baths, newer vinyl windows and newer flooring. Most units also feature new paint, carpet, or hardwood floors and ceiling fans. The building also had significant foundation upgrades. The building is separately metered for gas and electricity. 80% of the units have been completely renovated. This roof has a lifetime GAF warranty for the life of the property against leaks or repairs. There is a laundry room generating monthly income and convenient for the residents.
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Additional Information
- Cooling
- Yes
- Exterior Construction
- Brick Veneer, Concrete, Wood Siding
- Attached Structure
- Detached
- Number Of Units Total
- 39
Listing courtesy of Listing Agent: Steven Peterson (peterson.infinity@gmail.com) from Listing Office: Infinity Investments.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.