Multifamily
454 34th St
454 34th St, Oakland, CA 94609
Listing Price: $4,100,000
Investment Overview
454 34th St is an exceptional 24-unit investment opportunity located in the thriving city of Oakland, California.
Situated on a 6,200 square foot parcel of land, the subject property was originally constructed in 1927 and has a gross building area of approximately 12,519 square feet, offering its tenants beautifully designed one-bedroom and studio floor plans. The subject property has recently undergone significant capital improvements including re safety systems, electrical systems, and elevator systems.
The city of Oakland is the eighth-largest city by population in California, and the county seat of Alameda County. It is the largest city within the East Bay and has a large concentration of tech, healthcare, and banking companies around the area including Kaiser Permanente, Sutter Health, Pandora, Wells Fargo as well as many others. Oakland offers convenient access to several transportation corridors including the San Francisco - Oakland Bay Bridge, Interstate 880 and several nearby BART stations to easily reach anywhere within the Bay Area. Oakland also serves as the trade center for the entire Bay Area with the Port of Oakland being the busiest port in all of Northern California.
The investment appeal of this asset is driven by Oakland’s strong employment fundamentals and low vacancy levels. With a world-class location in the heart of the East Bay, 454 34th St presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining and entertainment options.
454 34th St
Investment Highlights
- Exceptional Investment Opportunity- Investors have the opportunity to acquire a stunning multifamily asset in one of the most desirable locations in the East Bay.
- Excellent Transportation Corridors - 454 34th St offers residents easy access to Interstate 80, Interstate 580, the San Francisco-Oakland Bay Bridge and access to multiple BART stations.
- Significant Capital Improvements - The subject property has recently undergone significant capital improvements including fire safety systems, electrical systems, and elevator systems.
- Convenient Public Transportation - Tenants are within walking distance to the MacArthur Bart Station (0.7mi) fostering connectivity to the rest of the Bay Area.
- Prime Oakland Neighborhood - 454 34th St is located in the exceptional Pill Hill neighborhood. The subject property offers residents a myriad of shopping, dining, and entertainment options with the vibrant streets of Piedmont Ave, Grand Ave, and Downtown Oakland.
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Listing Price: $4,100,000
Investment Highlights
- Exceptional Investment Opportunity- Investors have the opportunity to acquire a stunning multifamily asset in one of the most desirable locations in the East Bay.
- Excellent Transportation Corridors - 454 34th St offers residents easy access to Interstate 80, Interstate 580, the San Francisco-Oakland Bay Bridge and access to multiple BART stations.
- Significant Capital Improvements - The subject property has recently undergone significant capital improvements including fire safety systems, electrical systems, and elevator systems.
- Convenient Public Transportation - Tenants are within walking distance to the MacArthur Bart Station (0.7mi) fostering connectivity to the rest of the Bay Area.
- Prime Oakland Neighborhood - 454 34th St is located in the exceptional Pill Hill neighborhood. The subject property offers residents a myriad of shopping, dining, and entertainment options with the vibrant streets of Piedmont Ave, Grand Ave, and Downtown Oakland.
Investment Overview
454 34th St is an exceptional 24-unit investment opportunity located in the thriving city of Oakland, California. Situated on a 6,200 square foot parcel of land, the subject property was originally constructed in 1927 and has a gross building area of approximately 12,519 square feet, offering its tenants beautifully designed one-bedroom and studio floor plans. The subject property has recently undergone significant capital improvements including re safety systems, electrical systems, and elevator systems. The city of Oakland is the eighth-largest city by population in California, and the county seat of Alameda County. It is the largest city within the East Bay and has a large concentration of tech, healthcare, and banking companies around the area including Kaiser Permanente, Sutter Health, Pandora, Wells Fargo as well as many others. Oakland offers convenient access to several transportation corridors including the San Francisco - Oakland Bay Bridge, Interstate 880 and several nearby BART stations to easily reach anywhere within the Bay Area. Oakland also serves as the trade center for the entire Bay Area with the Port of Oakland being the busiest port in all of Northern California. The investment appeal of this asset is driven by Oakland’s strong employment fundamentals and low vacancy levels. With a world-class location in the heart of the East Bay, 454 34th St presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining and entertainment options.
Exclusively Listed By
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