1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
1825 28th Ave
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$850,000

1825 28th Ave

5,112 Sq.Ft.

Description

This 6-unit property presents an exciting investment opportunity for developers seeking to maximize their returns. Not only does it offer the potential to add seven more units, but it also allows you to benefit from the existing cash flow. The property consists of (6) 2-bedroom, 1-bathroom units, all of which are occupied by long-term tenants. The property's location in the "OPPORTUNITY ZONE" further adds to its appeal, as it is zoned for a total of thirteen units, and preliminary design review documents have already been submitted to the City of Oakland. Its highly accessible position near transit, BART, and freeways enhances the investment potential of this project. Moreover, investors interested in taking advantage of tax breaks for properties within the Oakland Opportunity Zone will find this property particularly attractive. Positioned in the upper Fruitvale area, it is conveniently less than 1 mile away from BART, offering transportation options like the nearby Fruitvale Station (0.9 miles away) and Oakland International (6.9 miles away). Notably, the property is separately metered for electricity and gas, while the owner covers the cost of water and garbage.

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Location

1825 28th Ave, Oakland, CA 94601

Status

Sold
Jatin Mehta

Jatin Mehta

TITLE

Founder

Property Amenities

Interior
Flooring Laminate
Area & Lot
Lot Area 0.32 Acres
Living area 5,112 Sq.Ft.
MLS® ID 41035498
Year Built 1957
Type Commercial
Status Sold
Exterior
Air conditioning None
Heat type Other
Sewer Public Sewer
Parking Off Site
Lot Features Regular
Roof Flat
Finance
Sales Price $850,000

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