See all 13 photos
$2,598,000
Est. payment /mo
6,699 Sqft Lot
New
1528 Alice ST Oakland, CA 94612
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UPDATED:
02/18/2025 07:41 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81994467
HOA Y/N No
Year Built 1910
Annual Tax Amount $42,675
Lot Size 6,699 Sqft
Property Description
1528 Alice St is an exceptional 12-unit value-add investment opportunity located in the thriving city of Oakland, California. Situated on a 6,700 square foot parcel of land, the subject property was originally constructed in 1910 and has a gross building area of approximately 9,721 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom floor plans. The subject property offers tenants convenient community amenities such as on-site laundry, bicycle parking, and a common backyard area. The property is located in the exceptional neighborhood of Lakeside, a family friendly neighborhood positioned just west of Lake Merritt. One of the most unique neighborhoods in all of Oakland, Lakeside combines the exciting urban life of Downtown Oakland with the peaceful suburban feel of Lake Merritt. The investment appeal of this asset is driven by Oaklands strong employment fundamentals and low vacancy levels. With a world-class location in the heart of the East Bay, 1528 Alice St presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining and entertainment options.
Location
State CA
County Alameda
Area 699 - Not Defined
Zoning R-90
Interior
Heating Wall Furnace
Fireplace No
Exterior
Roof Type Flat
Building
Water Public
Schools
School District Other
Others
Tax ID 0080627033
Special Listing Condition Standard
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Listed by Robert Johnston • Marcus & Millichap