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581 18th St
Oakland, CA 94612
Jefferson Court Apartments · Multifamily Property For Sale · 27 Units

PROPERTY FACTS

No. Units 27
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.13 AC
Building Size 15,624 SF
Average Occupancy 92%
No. Stories 3
Year Built 1940

AMENITIES

UNIT AMENITIES

  • Heating
  • Kitchen
  • Refrigerator
  • Basement

SITE AMENITIES

  • Laundry Facilities

ABOUT 581 18TH ST , OAKLAND, CA 94612

- 48% Rental Upside (Average in-place rent of $1,731 or $2.08/SF) - Located in the Heart of Oakland's Uptown District (Walk Score: 99) - Six-minute walk to 19th Street BART Station and Uptown Station, Nine-minute walk to 12th Street BART Station - Attractive unit mix: (5) studios, (14) 1 x 1, (5) 2 x 1, and (3) nonconforming loft units - Adjacent vacant parcel, located at corner of Jefferson/18th Street (3,636 SF) being offered at $900,000 (zoned CDB-X) - Select units have been renovated to include dual-pane windows, renovated kitchens with stainless steel appliances and renovated bathrooms with Ultra Flush toilets - Secure building with on-site laundry and outdoor garden area (separate parcel for sale as noted above) - Across the street from Maxwell, a brand-new 80-unit apartment building acheiving rents of $2,745+ for studio units, $3,174-$3,505+ for 1 x 1 and $3,820+ for 2 x 1 units. - Located less than one mile from Lake Merritt, Whole Foods, Pandora and Paramount Theater.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
003-0063-003-00
Land Assessment
$531,792
Improvements Assessment
$1,713,552
Total Assessment
$2,256,528
  • Listing ID: 12237138

  • Date on Market: 4/12/2018

  • Last Updated:

  • Address: 581 18th St, Oakland, CA 94612

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