150 11th St
Oakland, CA 94607
PRICE REDUCED - Now a 6.07 % CAP Rate · Multifamily Property For Sale · 8 Units

The property features a 98 Walk Score, a 90 Bike Score and a 87 Transit Score and has been designated as a Walker’s Paradise, a Biker’s Paradise and is consider to have Excellent Transit by WalkScore.com. The Property is surrounded by eclectic mix of dining, shopping and entertainment options in Downtown Oakland, Old Oakland, Uptown Oakland, and Jack London Square the proposed future home of the Oakland Athletics where they intend to construct a brand-new baseball stadium with hopes to open the new ball park in 2023. The property is just 3 blocks from the beautiful and recently revitalized Lake Merritt waterfront which provides a three-mile walking and biking path. The property is adjacent to Oakland’s historic Chinatown district as well as a quick walk to Broadway, the main thoroughfare of Downtown Oakland. Every Friday night “Off The Grid” and the Oakland Museum of California host several food truck vendors in a weekly street fair just a block from 150 11th Street. In addition, The Merritt Neighborhood, The Grand Lake & Lakeshore Neighborhood and Adams Point are all a short distance away providing convenient access to some of Oakland’s most popular shopping, dining and entertainment options. Tenants also have convenient access to the Lake Merritt Bart station, which is just three blocks from the property. Additionally, there is an AC Transit Bus Stop directly across the street from the asset, providing tenants with easy access to the greater Bay Area. In addition, Interstate 880 is just 0.5 miles from the property making commutes to anywhere in the Bay Area a breeze.