Oakland, CA 94610,175 Santa Rosa Ave
Oakland, CA 94610,175 Santa Rosa Ave
Oakland, CA 94610,175 Santa Rosa Ave
29
$7,700,000
$8,350,000
7.8%
Est.Price: ?

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0.44 Acres Lot

175 Santa Rosa Ave Oakland, CA 94610

Est. payment /mo
SOLD DATE : 02/25/2025

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Key Details

Sold Price $7,700,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 41076507

Year Built 1967

Lot Size 0.443 Acres

Property Description

175 Santa Rosa Avenue is a 33-unit apartment community located on a quiet tree-lined street in Oakland's Grand Lake Neighborhood. The property consists of a mix of one and two-bedroom units with a large 2,000+ square foot penthouse occupying the fourth floor. Amenities include 34 garage parking spaces, three on-site laundry rooms, and covered balconies. Capital Improvements include a new roof, fresh exterior paint, new hot water heaters, and an updated intercom system. The property offers excellent in-place cash flow with over $220,000 of annual rental upside allowing a new owner to maximize their return over time. The building is seismically exempt making this a true turn-key asset. This highly sought-after location will continue attracting premium tenants and maintain a low vacancy rate.

Location

State CA

County Alameda

Interior

Heating Electric, Wall Furnace

Cooling None

Exterior

Roof Type Composition

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California Regional MLS (CRMLS)
Listed by Timothy Warren • NAI Northern California
Bought with Timothy Warren • NAI Northern California

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agent

Evan Bellman

Agent | RE.S.182274.LLC

+1(702) 830-0895

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