500 E 18th St
Oakland, CA 94606
Retail Property For Sale

The subject property at 500 E.18th Street, situated in the vibrant San Antonio neighborhood of East Oakland, has been owned by the current owners since the 1990s. Constructed in 1922, the offering is a 2-story stucco exterior/wood frame building consisting of four (4) one bedroom one bath unit, three (3) retail units, and one (1) non conforming 2x1 totaling approximately 5,624 sq.ft on a 5,200 sq.ft corner lot. The location of the property offers all those who live and work there access to a variety of shops, restaurants, and public transportation. The property is also just a short walk to Lake Merritt, long considered one of the crown jewels in the entire East Bay. 500 E.18th Street offers future investors a great opportunity to invest in an up and coming area and gradually realize the immense upside in rents. Property Highlights: - Spacious unit mix of (4) 1x1 and (3) retail units, with a non-conforming 2x1. Significant upside to current rents! - Short walk to eclectic mix of restaurants, shops, convenience stores, and Lake Merritt - Just minutes away from the Lake Merritt BART station and the 880 Freeway - First time on market in over 25 years.