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704 E 17th St
Oakland, CA 94606
PRICE REDUCED! - 4 RENOVATED UNITS NEAR LAKE · Multifamily Property For Sale · 4 Units

Property Facts

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 0.13 AC
Building Size 3,004 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1920/2017
Parking Ratio 1.33/1,000 SF
Zoning Fourplex

Amenities

Unit Amenities

  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Storage Space
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Heating
  • Bay Window
  • Ceiling Fans
  • Tile Floors
  • Eat-in Kitchen
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Yard
  • Basement
  • Breakfast Nook
  • Built-In Bookshelves
  • Double Pane Windows
  • Family Room
  • Freezer
  • Garden
  • Lawn
  • Linen Closet
  • Pantry

Site Amenities

  • Controlled Access
  • Fenced Lot
  • Laundry Facilities
  • Gas Range
  • Storage Space
  • Bicycle Storage

About 704 E 17TH ST , OAKLAND, CA 94606

PRICE REDUCED BY $65,000 TOURS BY APPOINTMENT ONLY CBRE, Inc. is pleased to offer 704 E 17th Street, a turn-key 4-Unit residential income property conveniently located 6 blocks from Lake Merritt, in Oakland’s Clinton Neighborhood on the border of the Merritt Neighborhood.This ±3,004 sq. ft. building was delivered in 1920 and is situated on a ±5,640 sq. ft. lot at the South East corner of East 17th Street and 7th Avenue. The property went through extensive interior and exterior renovations in 2017 during which all four units were remodeled and include new kitchens, new bathrooms, new water heaters, new stainless steel appliances, new or refurbished floors, new light fixtures, new windows, upgraded electrical and plumbing, in-unit washers/dryers, etc. In addition the exterior of the building was painted , the roof was replaced, the entire grounds were landscaped and a concrete slab/parking was added to the parcel. The building features a unit mix of 1 X large studio unit with a fully separated kitchen and pantry, and 3 X One Bedroom, One Bathroom units. The average in-place monthly rent per unit is currently $2,360 and the tenants of each unit currently reimburses the owner $50 per month to go towards utility expenses.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 $2,100 684
1+1 3 $2,455 720 - 800

Property Taxes

Property Taxes

Parcel Number
021-0219-013-00
Land Assessment
$461,622
Improvements Assessment
$1,077,118
Total Assessment
$1,538,740
  • Listing ID: 13360036

  • Date on Market: 8/1/2018

  • Last Updated:

  • Address: 704 E 17th St, Oakland, CA 94606

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