671 Vernon St | Oakland, CA 94610
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- LoopNet Team
671 Vernon St
Oakland, CA 94610
UNDER CONTRACT | Two Blocks from Piedmont · Multifamily Property For Sale
·
31 Units
Investment Highlights
- Positioned at the edge of Piedmont and steps from the Morcom Rose Garden in Oakland’s highly desirable Grand Lake neighborhood
- Diverse Unit Mix – 31 total units including (8) two-bedroom/one- bath, (20) one-bedroom/one-bath, and (3) studio units
- Covered gated parking, balconies in select units, a pool, and an on-site laundry room support strong tenant demand
- Easy access to Piedmont Avenue’s dining, coffee shops, retail boutiques, and conveniences, plus quick connectivity to major transit
- Recent Upgrades include a new roof, various interior improvements, and a completed seismic retrofit
- Prime location and desirable unit mix create a stable, high-demand asset with long-term upside in the Oakland multifamily market
Property Facts
Amenities
Unit Amenities
- Balcony
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Pool
- Gated
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | - | 350 |
| 1+1 | 20 | - | 585 |
| 2+1 | 8 | - | 725 |
Property Taxes
| Parcel Number | 010-0830-009-00 | Improvements Assessment | $6,539,751 |
| Land Assessment | $3,289,720 | Total Assessment | $9,842,026 |
Property Taxes
Parcel Number
010-0830-009-00
Land Assessment
$3,289,720
Improvements Assessment
$6,539,751
Total Assessment
$9,842,026
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