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72 Vernon St
Oakland, CA 94610
Adams Point - 8-Unit Pride of Ownership Asset · Multifamily Property For Sale
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8 Units
Investment Highlights
- Classic 1920's Character - Hardwood Floors, High Ceilings, Ample Natural Light, Baseboards, Crown Molding
- Delivered with 1 Vacant Unit and Solid In-Place Rents With Potential To Implement Allowable Rent Increases Per City of Oakland Rent Adjustment Program
- Exempt From Oakland Mandatory Soft Story Retrofit Program, New Roof in 2014, New Roof Coating in 2022, New Interior Paint, Newer Exterior Paint
- 6 of 8 Units have Undergone Renovations Including Updated Kitchens With New Cabinets, Stone Counter Tops, and New Appliances
- 5 Off-Street Parking Spaces That Can Be Rented Out For Additional Income - Parking Area Provides the Opportunity to Construct a Detached ADU
- Located Across the Street from Whole Foods Market
Property Facts
| No. Units | 8 | Building Size | 4,682 SF |
| Property Type | Multifamily | Average Occupancy | 88% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1925 |
| Building Class | C | Parking Ratio | 1.07/1,000 SF |
| Lot Size | 0.12 AC | ||
| Zoning | R80 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 4,682 SF |
| Average Occupancy | 88% |
| No. Stories | 2 |
| Year Built | 1925 |
| Parking Ratio | 1.07/1,000 SF |
| Zoning | R80 |
Amenities
Unit Amenities
- Heating
- Crown Molding
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Basement
- Double Pane Windows
- Freezer
Site Amenities
- Laundry Facilities
- Vintage Building
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | - |
Property Taxes
| Parcel Number | 010-0769-024-00 | Improvements Assessment | $486,982 |
| Land Assessment | $187,073 | Total Assessment | $674,055 |
Property Taxes
Parcel Number
010-0769-024-00
Land Assessment
$187,073
Improvements Assessment
$486,982
Total Assessment
$674,055
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