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150 11th St
Oakland, CA 94607
8 Units Near Lake Merritt & BART · Multifamily Property For Sale
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8 Units
Investment Highlights
- Potential for 6.00% CAP rate in a core Downtown Oakland Location
- Central Downtown Oakland location, 3-blocks to Lake Merritt & Lake Merritt BART, 97 Walk Score, 89 Bike Score & 88 Transit Score
- Delivered with 6 vacant units
- Current zoning (D-LM-4) allows for up to 15.91 market rate apartment units or up to 31.82 market rate rooming units
Property Facts
| No. Units | 8 | Building Size | 6,052 SF |
| Property Type | Multifamily | Average Occupancy | 25% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1907 |
| Building Class | C | Parking Ratio | 10/1,000 SF |
| Lot Size | 0.04 AC | ||
| Zoning | D-LM-4 - Current zoning allows for up to 15.91 market rate apartment units or up to 31.82 market rate rooming units. (Buyer to verify) | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 6,052 SF |
| Average Occupancy | 25% |
| No. Stories | 4 |
| Year Built | 1907 |
| Parking Ratio | 10/1,000 SF |
| Zoning | D-LM-4 - Current zoning allows for up to 15.91 market rate apartment units or up to 31.82 market rate rooming units. (Buyer to verify) |
Amenities
Unit Amenities
- Heating
- Bay Window
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Double Pane Windows
- Family Room
- Freezer
- Linen Closet
- Pantry
- Vinyl Flooring
Site Amenities
- Controlled Access
- Laundry Facilities
- Vintage Building
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 7 | - | - |
Property Taxes
| Parcel Number | 002-0081-005-00 | Improvements Assessment | $1,534,919 |
| Land Assessment | $795,900 | Total Assessment | $2,330,819 |
Property Taxes
Parcel Number
002-0081-005-00
Land Assessment
$795,900
Improvements Assessment
$1,534,919
Total Assessment
$2,330,819
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