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

Property Facts

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 - -

Property Taxes

Property Taxes

Parcel Number
005-0395-008-00
Land Assessment
$287,799
Improvements Assessment
$671,531
Total Assessment
$959,330
  • Listing ID: 14137897

  • Date on Market: 10/20/2018

  • Last Updated:

  • Address: 1440 16th St, Oakland, CA 94607

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