Multifamily Vacant-User
1100-1102 28th St
1100 28th St, Oakland, CA 94608
Listing Price: $1,350,000
Investment Overview
1100-1102 28th Street is a duplex located in West Oakland. The building is turnkey with state-of-the-art improvements recently made to the property. The unit mix is two (2) four bedroom/two bath apartments within one building. There is a detached two car garage providing off street parking to tenants of the building. The property is gated and has security cameras.
Each apartment has an assigned tankless water heater, a climate control thermostat, forced air systems, and meters for water, gas and electric use. The upgraded kitchens have a refrigerator, gas stove, microwave, garbage disposal, and newer cabinetry. The remodeled bathrooms have illuminated mirrors, low flow toilets, aesthetic tile work, and nice sinks over a vanity. Both units have recessed lighting throughout and ceiling fans in each bedroom and common areas. The apartments have washer and dryer units bringing offering another desired amenity. Other improvements to the property have been a substantial foundation retrofit, modernized electrical system, and the installation of copper plumbing throughout the building.
1100-1102 28th Street is corner lot at the intersection of 28th Street and Chestnut Street. The property sits across the street from McClyomonds High School and is one and a half blocks from the highly acclaimed Yu Ming K-8 Charter School. Directly to the west is Adeline Street, a major thoroughfare, connecting West Oakland to Emeryville and downtown Berkeley. Multiple AC transit stops along Adeline offer passengers direct stops to the West Oakland and Ashby BART stations. The centralized location offers commuters direct access to interstates 80, 580, and 880 with a five-minute drive. The shortest route to downtown San Francisco (Civic Center) is 10.3 miles away, downtown Berkeley is 3.7 miles, and downtown Oakland is 1.8 miles.
Both apartments will be vacant at the close of escrow. The most recent rent was $3700 for the downstairs apartment without assigned parking. The vacancy offers an owner multiple options after the purchase. It could be strictly an investment for cash flow minded landlord, an owner-occupied building with significant supplemental income, or a family compound in a convenient West Oakland location with no deferred maintenance.
1100-1102 28th St
Investment Highlights
- Like new construction with first class interior remodels. Loaded kitchens with modern bathrooms. New copper plumbing and modernized electrical outlets. Originally built 1912 but a new building
- Secured property with gate and cameras. Off street parking with detached covered garage.
- Large units, both apartments are 4-bedroooms and 2-bathrooms. Recessed lighting, ceiling fans, forced air systems.
- Low expense building. Owner only pays garbare while tenants are responsible for PG&E and water utilities. No deferred maintenace.
Exclusively Listed By
Listing Price: $1,350,000
Investment Highlights
- Like new construction with first class interior remodels. Loaded kitchens with modern bathrooms. New copper plumbing and modernized electrical outlets. Originally built 1912 but a new building
- Secured property with gate and cameras. Off street parking with detached covered garage.
- Large units, both apartments are 4-bedroooms and 2-bathrooms. Recessed lighting, ceiling fans, forced air systems.
- Low expense building. Owner only pays garbare while tenants are responsible for PG&E and water utilities. No deferred maintenace.
Investment Overview
1100-1102 28th Street is a duplex located in West Oakland. The building is turnkey with state-of-the-art improvements recently made to the property. The unit mix is two (2) four bedroom/two bath apartments within one building. There is a detached two car garage providing off street parking to tenants of the building. The property is gated and has security cameras. Each apartment has an assigned tankless water heater, a climate control thermostat, forced air systems, and meters for water, gas and electric use. The upgraded kitchens have a refrigerator, gas stove, microwave, garbage disposal, and newer cabinetry. The remodeled bathrooms have illuminated mirrors, low flow toilets, aesthetic tile work, and nice sinks over a vanity. Both units have recessed lighting throughout and ceiling fans in each bedroom and common areas. The apartments have washer and dryer units bringing offering another desired amenity. Other improvements to the property have been a substantial foundation retrofit, modernized electrical system, and the installation of copper plumbing throughout the building. 1100-1102 28th Street is corner lot at the intersection of 28th Street and Chestnut Street. The property sits across the street from McClyomonds High School and is one and a half blocks from the highly acclaimed Yu Ming K-8 Charter School. Directly to the west is Adeline Street, a major thoroughfare, connecting West Oakland to Emeryville and downtown Berkeley. Multiple AC transit stops along Adeline offer passengers direct stops to the West Oakland and Ashby BART stations. The centralized location offers commuters direct access to interstates 80, 580, and 880 with a five-minute drive. The shortest route to downtown San Francisco (Civic Center) is 10.3 miles away, downtown Berkeley is 3.7 miles, and downtown Oakland is 1.8 miles. Both apartments will be vacant at the close of escrow. The most recent rent was $3700 for the downstairs apartment without assigned parking. The vacancy offers an owner multiple options after the purchase. It could be strictly an investment for cash flow minded landlord, an owner-occupied building with significant supplemental income, or a family compound in a convenient West Oakland location with no deferred maintenance.
Exclusively Listed By
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