1248-1248 E 15th St | Oakland, CA 94606
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- LoopNet Team
1248-1248 E 15th St
Oakland, CA 94606
1240-1248 E 15TH ST · Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- Welcome to an exceptional investment opportunity at 1240-1248 E 15th St, a well maintained 4-unit building
- The property is thoughtfully designed with an open lot offering valuable off-street parking—a coveted feature that ensures tenant satisfaction
- Given the strong demand in the area and the potential for market rent growth, the property offers significant upside.
- Boasting a solid cap rate and occupied by vetted tenants, this asset delivers immediate stability and consistent rental income.
- Recently landscaped to perfection, the property presents an inviting and well-kept exterior that sets the tone for the entire building.
- Currently fully leased, any future vacancy would present an opportunity to increase rental income by adjusting rents to prevailing market rates
PROPERTY FACTS
| No. Units | 4 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 6,000 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Townhome | Year Built | 1944 |
| Building Class | C |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 6,000 SF |
| No. Stories | 2 |
| Year Built | 1944 |
AMENITIES
UNIT AMENITIES
- Kitchen
- Oven
- Sprinkler System
- Tub/Shower
- Patio
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Smoke Free
- Public Transportation
PROPERTY TAXES
| Parcel Number | 020-0170-009-00 | Improvements Assessment | $399,477 |
| Land Assessment | $188,526 | Total Assessment | $588,003 |
PROPERTY TAXES
Parcel Number
020-0170-009-00
Land Assessment
$188,526
Improvements Assessment
$399,477
Total Assessment
$588,003
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