1746 10Th Ave, Oakland, CA 94606
- $1,095,000
- List Price
- $1,095,000
- Price Change
- ▼ $105,000 1789530792
- Status
- ACTIVE
- MLS#
- 41139459
- Year Built
- 1919
- Lot Size
- 13,400
- Acres
- 0.31
- Lot Location
- Corner Lot
- Days on Market
- 85
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Neighborhood
- Clinton
Property Description
Rare opportunity to acquire a well-maintained 11-unit Queen Anne Victorian offering distinctive architectural character, established rental income, and long-term, stable tenancy. Built in 1892, this three-story property features a mix of studio and one-bedroom residences, a wraparound porch, high ceilings, a long tandem driveway, finished basement space, and an expansive grassy front yard. Significant capital improvements include approximately $135,000 in recently completed permitted electrical upgrades, a permitted earthquake-resistant reinforced perimeter foundation with shear-wall protection, and a garage roof replacement in 2016. Current monthly rental income is $12,412.48. Offered at $1,095,000, the property presents an estimated 6.3% cap rate and 7.4 GRM based on seller-provided financial information. The property carries a City of Oakland historic designation and is reportedly exempt from the Soft Story Ordinance. Buyers should independently verify all financial information, permits, records, and ordinance applicability. A distinctive Oakland multifamily investment combining historic charm, consistent ownership care, established income, and long-term investment potential.
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Additional Information
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- None
- Exterior Construction
- Wood Siding
- Attached Structure
- Detached
- Number Of Units Total
- 11
Listing courtesy of Listing Agent: Nicole Norris (nicole@mpmoakland.com) from Listing Office: Marquardt Property Management.
Mortgage Calculator
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.