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Listed by Eymon Binesh • Marcus & Millichap
$3,080,000
Est. payment /mo
8,259 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 8,259 sqft
Price per Sqft $372
MLS Listing ID ML82042473
HOA Y/N No
Year Built 1954
Lot Size 4,900 Sqft
Property Sub-Type Other
Source Datashare MLSListings
Property Description
Marcus & Millichap is pleased to present 185 15th Street, a 14-unit apartment community located just two blocks from Lake Merritt in the heart of Downtown Oakland. This well-located asset offers a strong value-add opportunity in one of Oaklands most desirable rental markets. The property has seen major capital improvements, including all new dual-pane windows, a completed seismic retrofit per city ordinance, and several renovated units. Additionally, six vacant units provide a clear path to renovate and lease at full market rents. With a prime location and meaningful upside, 185 15th Street is well-positioned for both immediate income growth and long-term appreciation.
Location
State CA
County Alameda
Interior
Heating Natural Gas
Cooling None
Fireplace No
Appliance Refrigerator
Laundry Coin Operated
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