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1440 16th St
Oakland, CA 94607
Multifamily Property For Sale
·
3 Units

Property Facts
| No. Units | 3 | Lot Size | 0.11 AC |
| Property Type | Multifamily | Building Size | 2,970 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1915/2016 |
| Building Class | C | ||
| Zoning | R-40144016th | ||
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 2,970 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1915/2016 |
| Zoning | R-40144016th |
About 1440 16TH ST , OAKLAND, CA 94607
This jaw-dropping rehabbed West Oakland triplex investment is a terrific opportunity for the next investor! There is one 3bd/2bth unit, one 3bd/1bth unit, and one non conforming 1bd/1bth detached cottage. Two of the three units are rented out to section 8 tenants and the cottage will be vacant at close of escrow. This allows the next investor to generate nearly $10,000 a month for only three units! This is a rare opportunity with modern interior upgrades throughout and is sewer lateral compliant with the city of Oakland. All the remodeled units include but are not limited to exterior & interior paint, kitchens, granite counter tops, new stainless steel appliances, cabinets, hardwood floors, bathrooms, dual pane windows, carpet, washer & dryer in each unit, and more. This is a perfect owner move-in opportunity. 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. Due to its connections to so many Bay Area transit arteries, West Oakland serves as the home base for many commuters. EMAIL STEVEN PINZA, ESQ. FOR A COMPLETE MARKETING PACKAGE
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | - | - |
| 3+1 | 1 | - | - |
| 1+1 | 1 | - | - |
Links
Property Taxes
| Parcel Number | 005-0395-008-00 | Improvements Assessment | $671,531 |
| Land Assessment | $287,799 | Total Assessment | $959,330 |
Property Taxes
Listing ID: 14137897
Date on Market: 10/20/2018
Last Updated:
Address: 1440 16th St, Oakland, CA 94607
The West Oakland Multifamily Property at 1440 16th St, Oakland, CA 94607 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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