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498 Capital St
Oakland, CA 94610
Lake Merritt Apartments · Multifamily Property For Sale
·
5 Units
Investment Highlights
- 5-Unit Apartment Complex Offering Consisting of One 3bd/2bth Unit and Four 1bd/1bth Units
- Vacant,Top Level, 1,500 SqFt, 3bd/2bth Unit With Access To Rooftop with Amazing Views
- Onsite Coin-Operated Laundry and Individual Garages
- Prime Oakland Location Behind Lake Merritt Walking Distance To Restaurants, Coffee Shops, and Shopping
- Large Garage Ideal For 2bd/2bth 6th Unit Development b Turn-key Property With Over $200,000 Spent on New Paint, Seismic Retrofit, New Sewer Lateral, a
- Convenient Location Near Lake Merritt BART With Easy Access To HWY 580 and Downtown Oakland
Property Facts
| No. Units | 5 | Lot Size | 0.09 AC |
| Property Type | Multifamily | Building Size | 4,488 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | C | Parking Ratio | 2.23/1,000 SF |
| Zoning | MF | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 4,488 SF |
| No. Stories | 3 |
| Year Built | 1960 |
| Parking Ratio | 2.23/1,000 SF |
| Zoning | MF |
Amenities
Unit Amenities
- Balcony
- Storage Space
- Heating
- Tile Floors
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Views
- Carpet
- Dining Room
Site Amenities
- Laundry Facilities
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 745 |
| 3+2 | 1 | - | 1,500 |
Property Taxes
| Parcel Number | 023-0417-001-02 | Improvements Assessment | $1,006,017 |
| Land Assessment | $477,540 | Total Assessment | $1,483,557 |
Property Taxes
Parcel Number
023-0417-001-02
Land Assessment
$477,540
Improvements Assessment
$1,006,017
Total Assessment
$1,483,557
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