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- LoopNet Team
1108 Chestnut St
Oakland, CA 94607
Rare West Oakland Apartment Complex · Multifamily Property For Sale
·
6 Units
PROPERTY FACTS
| No. Units | 6 | Building Size | 12,310 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1965 |
| Building Class | C | Parking Ratio | 2.59/1,000 SF |
| Lot Size | 0.15 AC | ||
| Zoning | RM - Residential Multi-Family | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 12,310 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 2.59/1,000 SF |
| Zoning | RM - Residential Multi-Family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Fenced Lot
- Gated
ABOUT 1108 CHESTNUT ST , OAKLAND, CA 94607
1108 Chestnut Street is a unique opportunity for a new investor to acquire a small apartment complex in a strong Oakland location. The unit mix is comprised of six studios of roughly 400 square feet. The property is set back from the street, has a security gate, and onsite laundry. The property has recently had significant exterior renovations including, but not limited to, fresh paint, replacement of siding, and new landscaping. The property sits one block to a nearby park, and offers quick access to local highways and public transportation ports. West Oakland, tucked in between the city's active downtown and the choppy waters of the San Francisco Bay, contains the eclectic culture, sense of community and intersecting backgrounds that attract so many people to the East Bay. The neighborhood represents a focus point of transit routes in the area, hiding away two major freeways, freight rails and the Bay Area Rapid Transit light rail within its confines. The neighborhood has a strong history of neighborhood activism, serving as the home base for many community programs in the 1960s. CONTACT STEVEN PINZA, ESQ. FOR A COMPLETE MARKETING PACKAGE
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 6 | - | 385 |
PROPERTY TAXES
| Parcel Number | 004-0015-024-00 | Improvements Assessment | $506,940 |
| Land Assessment | $306,000 | Total Assessment | $812,940 |
PROPERTY TAXES
