Multifamily
1525 Lakeside Dr
1525 Lakeside Dr, Oakland, CA 94612
Listing Price: $4,488,000
Investment Overview
1525 Lakeside Dr is an exceptional 21-unit apartment complex located in the thriving city of Oakland, California.
Situated on a 12,800 square foot parcel of land, the subject property was originally constructed in 1910 and has a gross building area of approximately 17,872 square feet, offering its tenants beautifully designed two-bedroom, one-bedroom, and studio floor plans.
The city of Oakland is the eight-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, 1525 Lakeside Dr presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.
1525 Lakeside Dr
Investment Highlights
- Exceptional Investment Opportunity - Investors have the opportunity to acquire a stunning multifamily asset in one of the most dynamic and desirable locations in the East Bay.
- Significant Upside Potential - Investors have the opportunity to acquire a multifamily asset with high potential cash flow by increasing rents to market premiums.
- Extraordinary Neighborhood - 1525 Lakeside Dr is located in Lakeside, a charming community just outside of the heart of Downtown Oakland (0.5mi).
- Excellent Transportation Corridors - The subject property offers residents easy access to Interstate 80, Interstate 880, Interstate 580, the San Francisco - Oakland Bay Bridge and access to several BART stations.
Exclusively Listed By
Listing Price: $4,488,000
Investment Highlights
- Exceptional Investment Opportunity - Investors have the opportunity to acquire a stunning multifamily asset in one of the most dynamic and desirable locations in the East Bay.
- Significant Upside Potential - Investors have the opportunity to acquire a multifamily asset with high potential cash flow by increasing rents to market premiums.
- Extraordinary Neighborhood - 1525 Lakeside Dr is located in Lakeside, a charming community just outside of the heart of Downtown Oakland (0.5mi).
- Excellent Transportation Corridors - The subject property offers residents easy access to Interstate 80, Interstate 880, Interstate 580, the San Francisco - Oakland Bay Bridge and access to several BART stations.
Investment Overview
1525 Lakeside Dr is an exceptional 21-unit apartment complex located in the thriving city of Oakland, California. Situated on a 12,800 square foot parcel of land, the subject property was originally constructed in 1910 and has a gross building area of approximately 17,872 square feet, offering its tenants beautifully designed two-bedroom, one-bedroom, and studio floor plans. The city of Oakland is the eight-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, 1525 Lakeside Dr 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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